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CPIM - Basics of Supply Chain Management Questions and Answers

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Question 1

The question below is based on the following cost information:

What is the carrying cost?

Options:

A.

14%

B.

16%

C.

20%

D.

25%

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Question 2

The final purchasing steps in order completion are:

Options:

A.

receipt of goods and approval of invoice.

B.

selecting suppliers and receipt of goods.

C.

requesting quotations and approval of invoice.

D.

selecting suppliers, follow-up, and delivery.

Question 3

Which of the following processes converts the master production schedule into resource requirements that are then compared to the available resources?

Options:

A.

Capacity requirements planning

B.

Rough-cut capacity planning

C.

Material requirements planning

D.

Resource planning

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