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APICS CPIM-8.0 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Demand: This section evaluates the abilities of Demand Analysts in managing demand through forecasting techniques. It explores sources of demand data for accurate forecasting and evaluating forecast performance to improve future predictions. One important skill evaluated is "forecasting demand accurately."
Topic 2
  • Sales and Operations Planning: This module assesses the skills of Operations Planners in terms of sales and operations planning processes. It includes understanding the purpose of S&OP, creating aggregate demand plans, and reconciling these plans to ensure alignment between sales forecasts and operational capabilities. A crucial skill measured is "reconciling supply-demand gaps."
Topic 3
  • Detailed Schedules: This section assesses the skills of Production Planners by focusing on detailed scheduling processes for production or service delivery environments. It includes methods like PAC (Programmable Automation Controller) scheduling techniques to manage detailed production timelines efficiently across different materials required for manufacturing or service delivery processes.
Topic 4
  • Inventory: The inventory module evaluates the skills of Inventory Controllers, covering inventory planning principles such as determining optimal stock levels based on costs versus benefits analysis metrics like ABC classification systems used globally today along with itemized inventory control mechanisms ensuring efficient stock turnover rates while minimizing holding costs.| Distribution: This section measures the abilities of Logistics Coordinators, focusing on distribution network design principles that optimize replenishment orders efficiently while considering reverse logistics practices aimed at reducing waste through proper disposal methods according to environmental regulations.
Topic 5
  • Quality, Technology, and Continuous Improvement: This section assesses skills of Quality Assurance Specialists, focusing on quality assurance methodologies enhanced by technology to drive continuous improvement efforts. A key skill measured here is "enhancing quality metrics."

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APICS Certified in Planning and Inventory Management (CPIM 8.0) Sample Questions (Q72-Q77):

NEW QUESTION # 72
Return on investment (ROI) is decreased by which of the following activities?

Answer: A

Explanation:
The correct answer is C. Increasing cost of sales .
ROI measures return relative to the investment required to generate that return. The study material gives the ROI logic as: "Average Return on investment = annual net income * 100/ Initial cash investment." If cost of sales increases , annual net income decreases, assuming selling price and sales volume do not increase enough to offset the cost increase. Lower net income reduces ROI. Increasing prices and increasing sales volume generally improve revenue and profit, while reducing inventory levels usually reduces investment tied up in assets, which can improve ROI.
Therefore, the best answer is C , because increasing cost of sales reduces profitability and therefore decreases return on investment.


NEW QUESTION # 73
The help desk received a call from a user noting the digital certificate on the organization-issued security identification card was invalid. Which is the BEST reason the certificate stopped working?

Answer: C


NEW QUESTION # 74
An organization has hired a new auditor to review its critical systems infrastructure for vulnerabilities. Which of the following BEST describes the methodology the auditor will use to test whether servers are set up according to the organization's documented policies and standards?

Answer: A


NEW QUESTION # 75
The production plan relates to a firm's financial planning because it is used to:

Answer: A

Explanation:
The production plan relates to a firm's financial planning because it is used to identify future cash needs. The production plan is a plan that specifies the quantity and timing of production for each product or product family. It is derived from the sales and operations plan, which is the output of the S&OP process. The production plan affects the firm's financial planning because it determines the amount of cash that is needed to purchase materials, pay labor, and cover overhead costs. The production plan also affects the amount of cash that is generated from sales, as it influences the delivery time and customer service level. Therefore, the production plan helps to forecast the cash inflows and outflows, and to plan for the financing and investing activities of the firm. The other statements are not true about the production plan. The production plan does not calculate standard product costs, as standard product costs are predetermined costs that are based on the expected inputs and outputs of production. The production plan does not determine variable costs, as variable costs are costs that vary with the level of production. The production plan does not project payroll costs, as payroll costs are part of the labor budget, which is derived from the production budget. Reference: Production Plan | APICS Dictionary Term of the Day, APICS CPIM 8 Planning and Inventory Management | ASCM


NEW QUESTION # 76
An organization uses an external Identity Provider (IdP) to secure internal, external, or third-party applications. Which of the following is the GREATEST risk to the organization?

Answer: A


NEW QUESTION # 77
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