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CPIM-Part-2 Exam Dumps : Certified in Planning and Inventory Management(Part 2)

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Certified in Planning and Inventory Management(Part 2) Questions and Answers

Question 1

Which of the following factors is considered a carrying cost?

Options:

A.

Setup

B.

Transportation

C.

Obsolescence

D.

Scrap rate

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Question 2

Which of the following is an example of implosion in distribution requirements planning (DRP)?

Options:

A.

Gathering information from several field locations and aggregating it at the manufacturing facility

B.

Gathering information from the manufacturing facility and distributing it to the field locations

C.

Redistributing inventory from several warehouses to one central warehouse N

D.

Redistributing inventory from several field locations and centralizing it at the manufacturing facility

Question 3

An advantage of applying ABC classification to a firm's replenishment items is that:

Options:

A.

it distinguishes independent demand from dependent demand.

B.

it allows planners to focus on critical products.

C.

it provides better order quantities than the economic order quantity (EOQ]).

D.

it allows the firm to utilize time-phased order point (TPOP).