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

Question 1

Material requirements planning requires which of the following files to plan requirements?

A. Standard cost B. Routing C. Bill of materials D. Work center

Discussion 0

Correct Answer: C Vote an answer

Question 2

Which of the following factors most likely will impact the demand for a firm's products or services?

A. Forecast accuracy B. Planning horizon C. Competition D. Order processing system

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Correct Answer: C Vote an answer

Question 3

Which of the following processes is concerned with the transfer or delivery of goods or services?

A. Value chain B. Transaction channel C. Distribution channel D. Supply chain

Discussion 0

Correct Answer: C Vote an answer

Question 4

Typically the highest cost for warehousing is the cost related to:

A. the information system. B. labor. C. space. D. equipment for materials handling.

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Correct Answer: C Vote an answer

Question 5

A distributor provides customer service by improving which of the following market driven factors?

A. Availability B. Quality C. Design D. Shelf life

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Correct Answer: A Vote an answer

Question 6

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.

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Correct Answer: D Vote an answer

Question 7

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

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

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Correct Answer: D Vote an answer

Question 8

The principal objective of total quality management in manufacturing is to:

A. eliminate inspections. B. meet the expectations of the customer. C. implement statistical process control. D. reduce the costs of failure.

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Correct Answer: B Vote an answer