APICS CPIM Basics of Supply Chain Management - CPIM-BSCM FREE EXAM DUMPS QUESTIONS & ANSWERS]

Question 1

Knowing average daily consumption and on hand inventory, a company can calculate:

A. annual cost of goods sold. B. storage cost. C. annual usage rate. D. days of supply.

Discussion 0

Correct Answer: D Vote an answer

Question 2

Which of the following factors is included in cost of goods sold?

A. General and administrative expenses B. Standard cost C. Revenue D. Overhead

Discussion 0

Correct Answer: D Vote an answer

Question 3

Which of the following is an input to capacity requirements planning (CRP)?

A. Open shop orders B. Standard cost C. Bills of material (BOM) D. Lot-sizing rules

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Correct Answer: A Vote an answer

Question 4

Which practice focuses on root cause analysis?

A. Pareto chart B. Statistical process control C. Scatter diagram D. Five whys

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Correct Answer: D Vote an answer

Question 5

The overall objective of an integrated supply chain can best be described as the achievement of:

A. decreased lead time. B. an efficient flow of materials and information. C. an efficient flow of production. D. increased supplier partnerships.

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Correct Answer: B Vote an answer

Question 6

A work center has 2 machines that are operated 16 hours a day for 5 days a week. Historically, the
utilization has been 85% and the efficiency 105%. What is the rated capacity for this work center?
(Rounded)

A. 71 B. 143 C. 99 D. 130

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Correct Answer: B Vote an answer

Question 7

The final purchasing steps in order completion are:

A. requesting quotations and approval of invoice. B. selecting suppliers and receipt of goods. C. receipt of goods and approval of invoice. D. selecting suppliers, follow-up, and delivery.

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Correct Answer: C Vote an answer

Question 8

The complete supply chain dedicated to the flow of products for returns, repair and remanufacturing is:

A. reverse logistics. B. reverse engineering. C. reverse auction. D. reverse flow scheduling.

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Correct Answer: A Vote an answer

Question 9

Gemba is a Japanese word meaning:

A. shop order. B. shop packet. C. shop traveler. D. shop floor.

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Correct Answer: D Vote an answer

Question 10

Consignment stock is typically owned by:

A. the carrier who transports the stock. B. a joint trust set up for this purpose. C. the company who will consume the stock. D. a supplier until consumed.

Discussion 0

Correct Answer: D Vote an answer