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Free Access APICS CPIM-8.0 New Release

Page: 5 / 11
Total 150 questions

Certified in Planning and Inventory Management (CPIM 8.0) Questions and Answers

Question 17

Which of the following actions best supports a company's strategic focus on delivery speed to improve competitive advantage?

Options:

A.

Maintaining high-capacity utilization

B.

Developing flexible operations

C.

Cross-training workers

D.

Implementing rapid process improvements

Question 18

A company can easily change Its workforce, but inventory carrying costs are high. Which of the following strategies would be most appropriate during times of highly fluctuating demand?

Options:

A.

Produceto backorders

B.

Produceat a constant level

C.

Produceto the sales forecast

D.

Produceto demand

Question 19

In which of the following phases of the product life cycle is product price most effective in influencing demand?

Options:

A.

Introduction

B.

Growth

C.

Maturity

D.

Decline

Question 20

We have observed the inventory system does not handle plastic parts well." What should be added to the problem statement to make it more useful?

Options:

A.

Measurements that help describe the problem

B.

Guidance to which problem-solving tools should be used

C.

Criteria for selecting the improvement team

D.

Description of who is responsible for the problem

Page: 5 / 11
Total 150 questions