APICS CPIM Certification CPIM-Part-2

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APICS Certified in Planning and Inventory Management(Part 2) Sample Questions:

1. To facilitate transportation efficiency and inventory management, companies frequently use:

A) contract carriers.
B) automated storage/retrieval systems (AS/RS).
C) standardized containers.
D) small lot sizes.

2. Rivalry among competing sellers is generally weaker when:

A) the number of rivals increases, and rivals are of roughly equal size and competitive capability.
B) buyer demand is growing rapidly.
C) the products of rival sellers are commodities.
D) buyer costs to switch brands are low.

3. Which of the following tools is used for monitoring a capacity plan?

A) Demonstrated capacity
B) Dispatch report &
C) Resource planning
D) Input/output control (I/O)

4. "We have observed the inventory system does not handle plastic parts well." Whatshould be added to the problemstatement to make it more useful?

A) Guidance to which problem-solving tools should be used
B) Measurements that help describe the problem
C) Description of who is responsible for the problem
D) Criteria for selecting the improvement team

5. In which of the following phases of the product life cycle is product price most effective in influencing demand?

A) Growth
B) Introduction
C) Decline
D) Maturity

Solutions: