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Quiz

1/10
Argument0
Effective inventory management should lead to which of the following?
Select the answer
1 correct answer
A.
Higher inventory turns
B.
Higher product quality
C.
Lower cost of capital
D.
Elimination of inventory cycle counting

Quiz

2/10
Argument0
Which of the following variables best represents a strategic performance measure?
Select the answer
1 correct answer
A.
Revenue growth
B.
Machine utilization
C.
Work center capacity
D.
Cycle time

Quiz

3/10
Argument0
The question below is based on the following illustration of product parts: Certification Exam CPIM Basics of Supply Chain Management APICS APICS-CPIM-BSCM 2-669253216 Which of the following items are components?
Select the answer
1 correct answer
A.
Y and Z only
B.
1, 2, and 3 only
C.
Y, Z, 1, 2, and 3 only
D.
X, Y, Z, 1, 2, and 3

Quiz

4/10
Argument0
Which of the following factors would reduce inventory carrying costs?
Select the answer
1 correct answer
A.
Ordering less inventory
B.
Higher costs of working capital
C.
Reducing ordering costs
D.
Reducing transportation costs

Quiz

5/10
Argument0
Which of the following systems typically involves design while manufacturing is occurring?
Select the answer
1 correct answer
A.
Flow
B.
Intermittent
C.
Project
D.
Engineer

Quiz

6/10
Argument0
Which of the following phrases best defines a production plan?
Select the answer
1 correct answer
A.
The plan for the production and purchase of the components used in making the items in the master production schedule
B.
The broad direction of the firm, the kind of business-product lines, and markets the firm wants in the future
C.
The quantities of each product group that must be produced in each period, desired inventory levels, resources required in each period, and the availability of resources needed
D.
The flow of work through the factory through input/output analysis

Quiz

7/10
Argument0
Which of the following differences must be taken into consideration when dealing with a global distribution system?
Select the answer
1 correct answer
A.
Culture
B.
Cost
C.
Carriers
D.
Computer systems

Quiz

8/10
Argument0
Which of the following considerations should be included in product design?
Select the answer
1 correct answer
A.
Manufacturing strategy
B.
Product pricing
C.
Environmental sensitivity
D.
Target markets

Quiz

9/10
Argument0
Which of the following outcomes is a benefit of using a purchase requisition?
Select the answer
1 correct answer
A.
Purchase pricing being correct
B.
Improved accuracy of information
C.
Assurance that delivery dates are met
D.
Terms and conditions being followed

Quiz

10/10
Argument0
Which of the following documents or records typically is required by accounting, receiving, purchasing, and the supplier?
Select the answer
1 correct answer
A.
Bill of lading
B.
Purchase requisition
C.
Receiving report
D.
Purchase order
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  • Quiz name:CPIM Basics of Supply Chain Management
  • Total number of questions:155
  • Number of questions for the test:50
  • Pass score:80%

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