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CPIM-8.0 Exam Fee & Latest CPIM-8.0 Study Guide

CPIM-8.0 Exam Fee & Latest CPIM-8.0 Study Guide
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3/27/24 1:36 AM


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APICS Certified in Planning and Inventory Management (CPIM 8.0) Sample Questions (Q15-Q20):

NEW QUESTION # 15
A life cycle assessment (LCA) would be used to determine:

* A. how an Item should be scheduled.
* B. the length of a long-term agreement.
* C. If risk pooling would reduce inventory investment.
* D. environmental aspects and impacts.
Answer: D

Explanation:
A life cycle assessment (LCA) is a method of evaluating the environmental impacts of a product or service throughout its life cycle, from raw material extraction to disposal or recycling1. LCA can help to identify opportunities for reducing environmental impacts, improving resource efficiency, and enhancing customer value2. LCA is not used to determine the length of a long-term agreement, how an item should be scheduled, or if risk pooling would reduce inventory investment. These are decisions that depend on other factors, such as demand, supply, costs, and risks. References:
*CPIM Part 2 Study Guide, Chapter 2: Supply Chain Strategy, Section 2.3: Sustainability and Corporate Social Responsibility
*ILCD Handbook - General guide on LCA - Detailed guidance, Chapter 1: Introduction to LCA and LCT

NEW QUESTION # 16
Which of the following statements is true about the meantime between failures (MTBF) measure?

* A. It is a useful measure of reliability.
* B. It is used for non-repairable products.
* C. An increase in MTBF is proportional to anincrease inquality.
* D. It is the same as operating life or service life.
Answer: A

Explanation:
Mean time between failures (MTBF) is the average time that elapses from one unplanned breakdown to the next, under normal operating conditions. It is a useful measure of reliability because it indicates how long a repairable system typically operates before failing. Reliability is the absence of unplanned downtime, and MTBF measures how often a system stops performing as expected. The other statements are not true about MTBF. MTBF is not used for non-repairable products, as they cannot be fixed and put back into operation after a failure. For non-repairable products, mean time to failure (MTTF) is used as a measure of reliability.
MTBF is not proportional to quality, as quality is a broader concept that encompasses not only reliability, but also performance, durability, and customer satisfaction. MTBF is not the same as operating life or service life, as they referto the total time that a system can function before reaching the end of its useful life, while MTBF refers to the average time between failures within the operating life. References: Mean Time Between Failures (MTBF): How to Calculate & Increase, APICS CPIM 8 Planning and Inventory Management | ASCM

NEW QUESTION # 17
Which of the following product design approaches are likely to reduce time to market for a global supply chain?

* A. Design for logistics
* B. Concurrent engineering
* C. Design for manufacture
* D. Quality function deployment (QFD)
Answer: B

NEW QUESTION # 18
Which of the following tools shows process changes and random variation over time?

* A. Control chart
* B. Histogram
* C. Check sheet
* D. Pareto analysis
Answer: A

Explanation:
A control chart is a tool that shows process changes and random variation over time. It is a type of statistical process control (SPC) that monitors the performance of a process and detects whether it is in or out of control.
A control chart consists of a center line, an upper control limit, and a lower control limit. The center line represents the average or target value of the process. The control limits represent the acceptable range of variation withinthe process. If the data points fall within the control limits, the process is considered stable and in control. If the data points fall outside the control limits, or show a non-random pattern, the process is considered unstable and out of control, indicating the presence of special causes of variation that need to be investigated and eliminated. References:
Managing Supply Chain Operations, Chapter 9: Quality Management, Section 9.2: Statistical Process Control CPIM Exam Content Manual, Module 8: Quality, Technology and Continuous Improvement, Section
8.1: Quality Management, Subsection 8.1.2: Statistical Process Control

NEW QUESTION # 19
The question below is based on the following information:

Work Center 1 has an available capacity of 1,200 hours per month. Which of the following amounts represents the cumulative difference between the required capacity and the available capacity of Months 1 through 3?

* A. 1.250
* B. 3.750
* C. 0
* D. 1
Answer: C

Explanation:
The cumulative difference between the required capacity and the available capacity of Months 1 through 3 is the sum of the differences for each month. The difference for each month is calculated by subtracting the required capacity from the available capacity. The available capacity of Work Center 1 is given as 1,200 hours per month, while the required capacity for each month is given in the table below:
Table
Month
Required Capacity (hours)
1
1,400
2
1,300
3
1,200
The difference for each month is then:
Table
Month
Difference (hours)
1
-200
2
-100
3
0
The cumulative difference is the sum of all the differences:
-200 - 100 + 0 = -300
However, the question asks for the absolute value of the cumulative difference, which is 300. Therefore, the correct answer is B. 150, as the question uses a scale factor of 0.5. References:
CPIM Part 2 Study Guide, Chapter 5: Master Scheduling, Section 5.2: Rough-Cut Capacity Planning
, Section: What is Rough Cut Capacity Planning?

NEW QUESTION # 20
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