APICS CPIM Practice Questions & Sample Tests

cpimcalab

Which of the following reasons could be used to justify maintaining safety stock in an MRP system ?
Ⅰ. Uncertain leadtimes for raw materials
Ⅱ. Items used for spare parts which are also used in assembly
Ⅲ. Component items manufactured in-house have had inventory errors
A. I and II B. I and III C. II and III D. I, II, and III

cpimcalab

The purchasing manager of a company received the following quote for some raw
materials:
Less than 500 units - $50/unit.
500 units or more - $40/unit.
If the ordering cost equals $40, annual volume is 2500 units and the carrying cost of inventory
is 20%, what is the annual cost of the least-cost order quantity ?
A. $2000 B. $1414 C. $4000 D. $2200

cpimcalab

In relation to flexibility of capacity, which of the following statements are true?
I. Qualitative flexibility applies to people, not machines.
II. Quantitative flexibility of machines is affected by qualitative flexibility of workers
III. Quantitative flexibility is affected by utilization level
IV. Qualitative flexibility is enhanced by training the casual workforce
A. I and II only
B. II and III only
C. II, III and IV only
D. I, II, III, and IV

cpimcalab

For a consistently high-volume independent demand part, which of the following safety stock techniques is MOST likely to ensure a high customer service level while having no association with the company's target customer service level?
(A) Economic
(B) Fixed
(C) Statistical
(D) Time period

cpimcalab

Which of the following lot sizing techniques is MOST likely to require a Maximum Days Supply constraint for a low cost C item used in a previously high volume product that is being phased out?
(A) economic order quantity
(B) time-period
(C) fixed
(D) lot-for-lot

cpimcalab

True statements regarding the EOQ (Economic Order Quantity) formula include which of
the following?
I.
It attempts to balance ordering costs with carrying costs.
II.
It is a lot-sizing method.
III.
The carrying cost portion is considered a "management policy variable".
A)
I and II
B)
I and III
C)
II and III
D)
I, II, and III

cpimcalab

In a fixed order quantity system, which of the following is true?
I.
The quantity is the same for each order.
II.
The order interval varies.
III.
An order is placed when on-hand balance reaches a reorder point.
A)
I and II
B)
I and III
C)
II and III
D)
I, II, and III

cpimcalab

The choice of capacity measure is an important management issue. Some alternatives
include machine hours, labor hours, physical or monetary units. The choice of capacity
measure depends on the:
A)
software in use.
B)
highest throughput machine.
C)
easiest measure.
D)
constraining resource.

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准备ECO考试，感谢sampling test分享

cpimcalab

To use a resource profile to generate rough-cut capacity plans, all of the following data is
necessary EXCEPT:
A)
Bills of material
B)
Routing
C)
Number of shifts
D)
Time standard