Preview

CPIM: Certified in Production and Inventory Management

Powerful Essays
Open Document
Open Document
4454 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
CPIM: Certified in Production and Inventory Management
CPIM(Certified In Production & Inventory Management)

BSCM Sample TEST.

1. Which of the following demand fulfillment approaches typically provides the longest delivery time ? A) Engineer-to-order. C) Assemble-to-order. B) Make-to-order. D) Make-to-stock.

2. Which of the following is generally a characteristic of a product-focused layout ? A) Large queues at workstations. C) Production to a work order. B) Fixed flow of work. D) General purpose workstations.

3. Which of the following is generally a function of the physical distribution system ? A) Production activity control. C) Packaging. B) Production planning. D) Bill of material.

4. Forecasts are typically more accurate for the near future than they are for the longer future. This occurs because A) The near term holds less uncertainty than the long term. B) More data is available in the near term. C) Aggregate data is easier to forecast. D) The future is more dynamic in the near term.

5. A forecast is typically more accurate for A) Groups of items rather than for individual items. B) Daily rather than monthly periods of time. C) Physical units rather than monetary units. D) Far out in the future rather than nearer time periods.

- 1 -

BSCM Sample TEST

6. An anticipated build schedule can be BEST described as A) Production plan. C) Materials requirements plan. B) Capacity plan. D) Master production schedule.

7. Which of the following is MOST likely to be a dependent demand item ? A) A manufactured subassembly. C) A service part. B) An item in a grocery store. D) An office supply item.

8. Which of the following manufactured product types are BEST suited for flow manufacturing ? A) Wide range of disparate products. B) Limited range of similar products. C) Low volume of similar products. D) High volume of disparate products.

9. The master production schedule is generally a direct input to A) Production planning. C) Purchasing planning B) Material requirements planning (MRP). D)

You May Also Find These Documents Helpful

  • Good Essays

    Ops 571 Final

    • 433 Words
    • 2 Pages

    14) According to Hau Lee, which of the following types of products need to be delivered with efficient supply-chains?…

    • 433 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    d. Consistent with concepts of supply chain management, how would you explain this? How would you address these…

    • 605 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    B. Production and staffing plans specify production rates, workforce levels, and inventory holdings, but do not account for capacity limitations because they are aggregated.…

    • 4506 Words
    • 19 Pages
    Good Essays
  • Good Essays

    Imse 4350 Ch4

    • 893 Words
    • 34 Pages

    4. Production and Material Planning Planning Process Aggregate production plan Master production schedule Material requirements plan Capacity plan Realistic No…

    • 893 Words
    • 34 Pages
    Good Essays
  • Powerful Essays

    It is really important to have the accuracy of a forecast because a high forecast can lead to excessive inventories and a lower forecast can lead to a situation of out of stock. Thus, error in the forecast can create a situation of overbooking or empty rooms if it is not carried out with precaution. As the process of forecasting is costly, but if there is an error in the forecast it can increase the cost due to the risks involved with it.…

    • 2056 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    entrepreneurship review

    • 3089 Words
    • 13 Pages

    8) … are projections for future periods based on forecasts and are typically completed for two to three years into the future:…

    • 3089 Words
    • 13 Pages
    Powerful Essays
  • Powerful Essays

    Forecasting and future developments would suffer whether they are global or idiosyntric. For the time series analyst, this means recognizing that forecasting means more than computing the conditional expectation as the optimal one-step-ahead forecast. For the forecaster, it means recognizing that the time series literature has much to offer and that time series can provide many insights and solutions to current problems. (ORD, 1988)…

    • 1887 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    Mrp Algorithm

    • 1669 Words
    • 27 Pages

    Master Production Schedule • Information concerning independent demand. • Gross requirements: What must be delivered in the future, and when. • On-hand inventory: Finished good already available. • Net requirements: (Gross requirements) – (On-hand inventory).…

    • 1669 Words
    • 27 Pages
    Powerful Essays
  • Good Essays

    Chapter9

    • 468 Words
    • 2 Pages

    4. Components would arrive exactly at the moment they were needed and finished goods would be shipped as they left the assembly line:…

    • 468 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    is a time-phased recommendation to build and purchase material in order to meet all internal and external requirements for manufactured items…

    • 1624 Words
    • 7 Pages
    Powerful Essays
  • Better Essays

    MRP 1 and capital goods

    • 1003 Words
    • 5 Pages

    Material requirement planning is a product- oriented computerized technique aimed at minimizing inventory and maintaining delivery schedules. Material requirements planning is the logic for determining the number of parts, components, and materials needed to produce a product.MRP1 provides time scheduling information specifying when each of the materials, parts and components should be ordered or produced. Based on a master production schedule, a material requirements planning system:…

    • 1003 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Global Finance

    • 1507 Words
    • 7 Pages

    6. If the forward rate is the best available predictor (unbiased) of future spot rates, the forward market is .…

    • 1507 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    3) Like engineers, operations managers are very concerned about product and process design. However, rather than focusing on only the technical aspects of those activities, operations concentrates on the __________ of these activities.…

    • 1641 Words
    • 7 Pages
    Good Essays
  • Satisfactory Essays

    C) Marketing staff must be able to make decisions with the entire business in mind…

    • 533 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Production Management

    • 2771 Words
    • 12 Pages

    (ii) For a Production Manager: Product is the combination of various surfaces and processes (or operations). This is because the production Manager is solely responsible for producing the product. He has to think of the various surfaces by which the product is made of, so that he can plan for processes by which a particular surface can be made and plan…

    • 2771 Words
    • 12 Pages
    Good Essays