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APICS CPIM-8.0 Exam Syllabus Topics:
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APICS Certified in Planning and Inventory Management (CPIM 8.0) Sample Questions (Q196-Q201):
NEW QUESTION # 196
When an organization is recruiting for roles within the organization, at which stage of the employee life cycle are termination procedures incorporated?
Answer: A
NEW QUESTION # 197
An advantage of applying ABC classification to a firm's replenishment items is that:
Answer: D
Explanation:
ABC classification is a method of inventory management that categorizes items based on their annual consumption value, which is the product of the annual demand and the unit cost. Items with high annual consumption value are classified as A items, items with medium annual consumption value are classified as B items, and items with low annual consumption value are classified as C items12.
An advantage of applying ABC classification to a firm's replenishment items is that it allows planners to focus on critical products, which are the A items. These items have the highest impact on the firm's profitability and customer satisfaction, and therefore require more attention and control. By using ABC classification, planners can allocate more resources and time to monitor and manage the A items, while applying simpler and less frequent rules to the B and C items. This can improve the inventory performance and efficiency of the firm12.
The other options are not correct because:
* A. it distinguishes independent demand from dependent demand. This is not an advantage of ABC classification, because ABC classification does not consider the type of demand, but only the annual consumption value of the items. Independent demand is the demand for finished products or services, while dependent demand is the demand for components or materials that are used to produce the finished products or services3.
* C. it provides better order quantities than the economic order quantity (EOQ). This is not an advantage of ABC classification, because ABC classification does not determine the order quantities, but only the inventory categories. EOQ is a formula that calculates the optimal order quantity that minimizes the total inventory costs, such as ordering costs and holding costs.
* D. it allows the firm to utilize time-phased order point (TPOP). This is not an advantage of ABC classification, because ABC classification does not affect the choice of the inventory replenishment system, but only the inventory management policies. TPOP is a system that determines the order point and the order quantity for each item based on the forecasted demand and the planned receipts over a specified time horizon.
NEW QUESTION # 198
What priority control technique is most appropriate for a firm using a cellular production system?
Answer: D
Explanation:
A cellular production system is a type of lean manufacturing system that reduces waste and improves efficiency by grouping machines and workers into cells that can produce a complete product or a product family. A pull production activity control (PAC) technique is most appropriate for a cellular production system because it allows the cells to produce only what is needed by the downstream processes or customers, thus minimizing inventory and overproduction. A pull PAC technique also enables quick response to changes in demand and feedback from quality control. A push PAC technique, on the other hand, is based on predetermined schedules and forecasts, which may not match the actual demand and may result in excess inventory and waste. The shortest processing time (SPT) rule and the distribution requirements planning (DRP) are not specific to cellular production systems and do not take into account the customer demand or the cell capacity. Reference:
* CPIM Part 2 Exam Content Manual, p. 49
* Cellular Manufacturing: A Comprehensive Guide
* Cellular manufacturing - Wikipedia
NEW QUESTION # 199
A security practitioner notices that workforce members retain access to information systems after transferring to new roles within the organization, which could lead to unauthorized changes to the information systems.
This is a direct violation of which common security model?
Answer: C
NEW QUESTION # 200
Broadcast traffic is causing network performance degradation of sensitive equipment.
Which of the following methods is used to prevent the broadcast traffic from impacting availability?
Answer: A
NEW QUESTION # 201
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