100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
CPIM Part 1 Exam Practice Questions with Correct Answers. $17.99   Add to cart

Exam (elaborations)

CPIM Part 1 Exam Practice Questions with Correct Answers.

 1 view  0 purchase
  • Course
  • CPIM Part 1
  • Institution
  • CPIM Part 1

CPIM Part1ExamPracticeQuestionswithCorrect Answers. Which of the following tools is considered an important quality management tool? - Correct Answer Control Chart. The primary use of control charts is to detect assignable causes of variation in a process. In a bill of material, the path that ...

[Show more]

Preview 2 out of 10  pages

  • November 16, 2024
  • 10
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CPIM Part 1
  • CPIM Part 1
avatar-seller
Lectjoe
CPIM Part 1 Exam Practice Questions with Correct
Answers.
Which of the following tools is considered an important quality management tool? -
Correct Answer Control Chart. The primary use of control charts is to detect assignable
causes of variation in a process.

In a bill of material, the path that adds up to the greatest number of lead time periods
defines the: - Correct Answer Cumulative lead time; cumulative lead time for an items
consists of the longest lead time path for a given bill of material. Delivery and demand lead
times are subsets of cumulative lead time.

What is the primary difference between enterprise resources planning (ERP) and
manufacturing resource planning (MRP II)? - Correct Answer ERP provides more than
just manufacturing information; it integrates business functions like human resources,
research and development, and logistics. MRP II and ERP are both computer-based, and
both provide a balance between production, marketing, and information technology.

Which of the following manufacturing strategies has the longest customer lead time? -
Correct Answer Make-to-order; make-to-order manufacturing begins when a customer
order is received. The product must then be manufactured, assembled and shipped.

Which of the following describes the UN Global Compact Management Model? - Correct
Answer Framework for guiding companies through the process of formally committing to,
assessing, defining, implementing, measuring, ad communicating the UN Global
Compact and its principles. The UN Global Compact Management Model is a practical yet
comprehensive tool to help companies evolve their sustainability efforts.

Which of the following is true of preparing a forecast based on historical data? - Correct
Answer The data needs to be in the same terms as needed for the forecasts. It is
important that historical data match what is being forecasted. If the purpose is to forecast
demand on production, data based on demand - not, for example, shipments - is needed.

Which of these terms refers to activities that provide present benefit without compromising
the needs of future generations? - Correct Answer Sustainability; sustainability refers to
activities that provide present benefit without compromising the needs of future
generations.

Given the following, what is the work center backlog? Avg Input: 100 units/week. Avg
Output: 100 units/week. Current work in progress: 160 units - Correct Answer 1.6 weeks;
To calculate the load that is backlog at a work center, divide the current number of units (or
hours) currently at the work center by the average output, or 160 units/100 units of output
per week = 1.6 weeks of load

, Sales & Operations planning (S&OP) is typically performed at which of the following
levels? - Correct Answer Product family; S&OP is typically performed at the product family
level. End items are typically planned at the master schedule level, while raw material and
semi-finished goods are typically planned at the MRP level.

Which of the following is a voluntary initiative whereby companies embrace, support, and
enact, within their sphere of influence, a set of core values in the areas of human rights,
labor standards, the environment, and anti-corruption? - Correct Answer United Nations
Global Compact; the UN Global Compact is a strategic policy initiative for businesses that
are committed to aligning their operations and strategies with ten universally accepted
principles in the areas of human rights, labor, the environment, and anti-corruption.

Engineering seeks to have complex designs that are difficult to modify. This approach to
manufacturing conflicts with which of the following concepts? - Correct Answer Product
flexibility; product flexibility is the ease with which current designs can be modified in
response to changing market demands. It conflicts with rigid, complex designs.

Companies typically make final purchasing decisions based on which of the following
supplier characteristics? - Correct Answer Delivery reliability; besides perfect quality, a
key final purchasing decision point is delivery reliability. Ensuring that purchase deliveries
arrive on time is an essential feature of supplier partnerships.

Which of the following objectives often conflicts with providing the best customer service?
- Correct Answer Reducing inventory to keep inventory carrying costs at a minimum.
Production's objective of keeping inventory investment to a minimum is in conflict with
marketing's objective of always having goods available for the customer.

A shipment of remote control components is delivered to a factory and immediately taken
to a workstation ready to being assembly. What is the name of this inventory management
technique? - Correct Answer Wall-to-wall; in wall-to-wall inventory management,
materials enter a plant and are processed right away, as opposed to being logged in an
inventory store until a later date.

Which of the following conditions is in conflict with maintaining low days of supply? -
Correct Answer Excess inventory; excess inventory increases the number of days of
inventory held.

In exponential smoothing, what is the term for the weighting factor that is applied to the
most recent demand, observation, or error? - Correct Answer Smoothing constant; the
smoothing constant in exponential smoothing is the weighting factor that is applied to the
most recent demand, observation, or error. In this case, the error is defined as the
difference between actual demand and the forecast for the most recent period.

Which of the following activities represents reverse logistics? - Correct Answer Returning
goods to the seller due to repair, remanufacture, or recycling activity; reverse logistics is

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Lectjoe. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $17.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

75323 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$17.99
  • (0)
  Add to cart