ASCM CPIM Certification Exam Sample Questions

CPIM Dumps PDF, APICS Certified Planning and Inventory Management Dumps, download APICS CPIM free Dumps, ASCM APICS Certified Planning and Inventory Management exam questions, free online APICS CPIM exam questionsYou have to pass the CPIM exam to receive the certification from ASCM. To increase the effectiveness of your study and make you familiar with the actual exam pattern, we have prepared this ASCM APICS Certified Planning and Inventory Management sample questions. Our Sample ASCM APICS Planning and Inventory Management Practice Exam will give you more insight about both the type and the difficulty level of the questions on the ASCM APICS CPIM exam.

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ASCM APICS Certified Planning and Inventory Management Sample Questions:

01. Records for a high-volume fastener are corrected at every cycle count and are wrong again within a week. Issues from the stockroom bin are transacted properly. Investigation finds that when the bin is full, receiving stages the surplus cartons on an overflow rack in the corridor, and line personnel draw material from whichever of the two is nearer.
What should the materials manager do first?
a) Raise the safety stock on the fastener, so that the recurring shortages stop interrupting the line while the underlying cause of the record errors is investigated.
b) Adjust the record to the counted quantity at each count and track the trend.
c) Count the fastener weekly until the records hold, then return it to its normal interval.
d) Bring the overflow rack under location control.
 
02. A sourcing team says it will run a life-cycle assessment on two candidate materials before recommending one. The planner who will build the resulting sourcing plan has not seen one used before and asks what it will produce.
What does a life-cycle assessment establish?
a) The expected service life of the finished product, which sets the replacement demand the forecast has to carry.
b) The environmental burden of each material across extraction, production, use and end of life, so the choice is not settled by the plant-gate price difference alone.
c) The stage of the product life cycle each material has reached, which governs the forecasting method chosen.
d) The total cost of ownership of each material, including freight, carrying cost and quality risk.
 
03. Margins in a manufacturer's segment have compressed while unit demand has grown. Its strategy team sets out to explain this by examining the bargaining power of its buyers and of its suppliers, the threat of new entrants and of substitute products, and the intensity of rivalry among existing competitors.
Which analysis is the team carrying out?
a) A five forces analysis of industry structure.
b) A SWOT analysis of internal strengths and external conditions.
c) A resource-based view of the firm's distinctive capabilities.
d) A benchmarking study of competitors' published cost structures.
 
04. The following figures are on the table at the supply planning step for one product family.
Opening inventory: 900 units
Demand plan, months 1 to 6: 1,800, 2,100, 2,600, 2,400, 2,000 and 1,900 units
Supply plan: 1,900 units in every month
In which month does the supply plan first fail to cover the demand plan, and how short is the family at the end of the horizon?
a) Month 3, when the projected balance falls to 100 units, leaving the family 100 units short at the end of the horizon.
b) Month 4, with the family 500 units short at the end of the horizon.
c) Month 4, with the family 400 units short.
d) Month 6, with the family 1,400 units short.
 
05. Cycle counts at a distribution stockroom keep disagreeing with each other. A recount by a second counter frequently differs from the first, and two counters report different quantities for parts held in the same style of container. The materials manager suspects the counting procedure itself rather than the transactions.
Which cycle counting method should be used to test that suspicion?
a) Zone counting, in which a counter works through one storage area at a time until the whole stockroom has been covered.
b) Reorder point counting, in which an item is counted when its balance falls to the level that triggers replenishment.
c) Control group counting, in which the same small set of items is counted at each cycle.
d) Random sample counting, in which items are drawn at random from the population.
 
06. An item's tracking signal has run between -1.2 and +1.5 for two years and then reaches +4.8 in a single month. The planner finds that one customer placed a one-time stocking order five times its usual quantity in that month, and that the customer's ordering has since returned to its normal pattern.
How should the planner read this and act on it?
a) The model is not out of control, so record the order as an exception and keep the month from distorting the demand history.
b) The model has gone out of control, so raise the smoothing constant until the forecast catches up with the demand level the month revealed.
c) Restate the forecast upward for the coming periods to reflect the higher demand the month demonstrated.
d) Widen the control limit to +/-6 so that ordinary orders no longer trip the signal.
 
07. One distribution center will exhaust an item four days before its next replenishment, which is already in transit, is due to arrive. A second center in the same region holds four weeks of cover of the same item. Across the network as a whole, the plant's stock and its production plan meet the total requirement.
Which response fits the situation?
a) Place the whole network on central fair-share allocation until the plant's next run of the item is complete.
b) Raise the first center's safety stock so that the projected balance stops falling below zero.
c) Move part of the second center's four weeks of cover across to the first center ahead of the shortage.
d) Reschedule the shipment already in transit so that it arrives four days earlier than planned.
 
08. Work center 60 has enough rated capacity to cover its average weekly load, and its queue normally runs under a day. Whenever the mix shifts toward parts with long setups, load runs past capacity for two or three weeks and the orders behind it go late.
How is work center 60 best classified?
a) A bottleneck, because its capacity is equal to or less than the demand placed on it.
b) A gateway work center, since it is the first operation on the routing.
c) A non-constraint with protective capacity, which absorbs the swings in mix.
d) A capacity-constrained resource, whose capacity covers average demand but falls short whenever the mix or the sequence turns against it.
 
09. Six months into a vendor managed inventory agreement for a family of fasteners, line stoppages have ended and the supplier reviews consumption data weekly. On-site stock of the family has risen from three weeks of usage to nine. The agreement states the service level the supplier is measured on and says nothing else about quantity.
What should the buyer change in the agreement?
a) Take the replenishment decision back in-house and issue supplier releases against the agreement each week, so the plant controls the quantity again.
b) Raise the reorder point on the family so the supplier is triggered to ship sooner.
c) Add an agreed maximum as well as a minimum stock level, and measure the supplier against both.
d) Convert the family to consignment so the stock is not the buyer's to finance.
 
10. At a work center with spare capacity, a supervisor combines three orders into one large batch and saves two changeovers. The heat-treat furnace downstream, which the plant has identified as its constraint, then waits half a shift for the parts.
How should the plant read that saving?
a) The saving is real and worth repeating at every work center, because fewer changeovers across the shop is how a plant lifts the capacity available to it.
b) The setup hours saved at a center with spare capacity add nothing, and the furnace hours lost are output the plant cannot get back.
c) The saving is real but should be set against the carrying cost of the larger batch.
d) The saving belongs to the furnace, whose own changeover hours now fall.

Answers:

Question: 01
Answer: d		 Question: 02
Answer: b		 Question: 03
Answer: a		 Question: 04
Answer: b		 Question: 05
Answer: c
Question: 06
Answer: a		 Question: 07
Answer: c		 Question: 08
Answer: d		 Question: 09
Answer: c		 Question: 10
Answer: b

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