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Guide for APICS CPIM - Basics of Supply Chain Management

Quiz APICS CPIM - Basics of Supply Chain Management

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/ 10

Quiz

1/10
The overall objective of an integrated supply chain can best be described as the achievement of:
Select the answer
1 correct answer
A.
decreased lead time.
B.
increased supplier partnerships.
C.
an efficient flow of materials and information.
D.
an efficient flow of production.

Quiz

2/10
A company's cost of goods sold would be found on which of the following financial documents?
Select the answer
1 correct answer
A.
Balance sheet
B.
Income statement
C.
Cash flow statement
D.
Performance statement

Quiz

3/10
In an assemble-to-order production environment, the master production schedule contains:
Select the answer
1 correct answer
A.
standard items.
B.
finished items.
C.
raw materials.
D.
subassemblies.

Quiz

4/10
Which of the following manufacturing systems involves the creation of one unit or a small number of units?
Select the answer
1 correct answer
A.
Flow manufacturing
B.
Intermittent manufacturing
C.
Project manufacturing
D.
Continuous manufacturing

Quiz

5/10
After a quality improvement program has been successfully implemented, the greatest cost of controlling quality typically is the cost of:
Select the answer
1 correct answer
A.
failure.
B.
appraisal.
C.
prevention.
D.
inspection.

Quiz

6/10
In the income statement, the cost of goods sold is related to the:
Select the answer
1 correct answer
A.
sales dollars.
B.
total inventory dollars.
C.
marketing expenses.
D.
manufacturing expenses.

Quiz

7/10
Manufacturing overhead includes which of the following types of costs?
Select the answer
1 correct answer
A.
Interest expense
B.
Supervision
C.
Direct labor
D.
Direct material

Quiz

8/10
The question below is based on the following cost information: Certification Exam APICS CPIM - Basics of Supply Chain Management APICS APICS-CPIM-BSP 2 What is the carrying cost?
Select the answer
1 correct answer
A.
14%
B.
16%
C.
20%
D.
25%

Quiz

9/10
Which of the following concepts could a firm implement to reduce defects?
Select the answer
1 correct answer
A.
Hansei
B.
Jidoka
C.
Muri
D.
Heijunka

Quiz

10/10
Inventory turns is an appropriate performance measure for which of the following functions?
Select the answer
1 correct answer
A.
Material control
B.
Activity-based costing control
C.
Total quality management
D.
Flexible manufacturing
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  • Quiz name:APICS 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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