APICS CPIM Strategic Management of resources - CPIM-SMR FREE EXAM DUMPS QUESTIONS & ANSWERS
The difference between gross margin and profit margin is what?
Correct Answer: B
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Lowest utilization of machines would MOST LIKELY come from what manufacturing environment?
Correct Answer: B
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When a provider is targeting to provide extra special attributes that satisfy niche needs and cost is not the
key factor. Which of the 5 generic competitive advantages identified by the text "Crafting and Executing
Strategy" by Thompson, Strikland and Gamble would be described?
key factor. Which of the 5 generic competitive advantages identified by the text "Crafting and Executing
Strategy" by Thompson, Strikland and Gamble would be described?
Correct Answer: B
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There are three elements in a project that if you change one you must change one or both of the other two.
Which of the following is NOT included in the project management triangle?
Which of the following is NOT included in the project management triangle?
Correct Answer: C
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A typical objective of becoming a world class organization is what?
Correct Answer: B
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Overall control is maintained by what in a batch shop?
Correct Answer: B
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Companies must differentiate themselves in 4 ways. What are those 4 ways?
Correct Answer:
1 . being the low cost producer in their market;
2 . they must be most flexible and responsive by developing processes which allow them to react quickly to marketplace changes;
3 . they must be able to provide the high quality products in the marketplace;
4 . make it easy for customers to do business with them.
2 . they must be most flexible and responsive by developing processes which allow them to react quickly to marketplace changes;
3 . they must be able to provide the high quality products in the marketplace;
4 . make it easy for customers to do business with them.
When a customer is reviewing to buy a new set of office furniture, he always buys from whoever is the
lowest cost. Cost would be a what for this customer?
lowest cost. Cost would be a what for this customer?
Correct Answer: D
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Which of the following would be the worst basis for a new plant location?
Correct Answer: C
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What type of environment would MOST likely not control the order status
Correct Answer: C
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Traditionally, all of the following are variable production costs EXCEPT
Correct Answer: A
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All of the following are phases companies go through for performance measurement EXCEPT?
Correct Answer: A
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A workforce should not only be trained in their technical aspects of their job, but also what would be
MOST important skill for employees?
MOST important skill for employees?
Correct Answer: C
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Which of the following is MOST related to Quality Function Deployment?
Correct Answer: A
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