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CPIM-ECO Exam Dumps : Execution and Control of Operations

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Execution and Control of Operations Questions and Answers

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Question 1

Which of the following costing methods shows the greatest apparent profit in a time of inflation?

Options:

A.

Last in, first out

B.

First in, first out

C.

Standard cost

D.

Actual cost

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Question 2

Which of the following components are associated with inventory functions?

Options:

A.

Transit, cycle, and warehousing

B.

Transit, cycle, and safety stock

C.

Safety stock, anticipation, and work in process (WIP)

D.

Raw, work in process (WIP), and finished goods

Question 3

A work center has one machine that is operated for one shift per day. The shop runs an 8-hour shift 5 days per week. Machine utilization has been 60% with efficiency at 80%. A routing through this work center has a standard run time of .10 hours per piece. Job number 1234 is for 200 pieces. If the utilization is improved to 80%, the difference in calculated lead time for the job is how many days?

Options:

A.

1.0

B.

1.3

C.

2.1

D.

2.7

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