CPIM-8.0 Valid Exam Objectives - Exam Sample CPIM-8.0 Online

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| Section | Weight | Objectives |
|---|
| Topic 1: Plan and Manage Inventory | 19% | - Inventory principles and control
- 1. Cost management and cycle counting
- 2. Inventory classification, EOQ and safety stock
|
| Topic 2: Conduct Sales and Operations Planning (S&OP) to Support Strategy | 9% | - S&OP process and purpose
- 1. Aggregate demand and supply planning
- 2. Balancing supply and demand gaps
|
| Topic 3: Plan and Manage Distribution | 5% | - Distribution network and logistics
- 1. Reverse logistics and network design
- 2. DRP, transportation and warehousing
|
| Topic 4: Align the Supply Chain to Support the Business Strategy | 15% | - Supply chain environment and strategy alignment
- 1. Risk management and sustainability
- 2. Organizational and functional strategy development
- 3. Performance measurement and KPIs
|
| Topic 5: Manage Quality, Continuous Improvement, and Technology | 11% | - Quality management and improvement
- 1. SPC, Six Sigma and Lean principles
- 2. Technology and digital transformation in supply chain
|
| Topic 6: Plan and Manage Demand | 9% | - Demand forecasting and planning
- 1. Customer relationship and demand prioritization
- 2. Forecasting methods and accuracy measurement
|
| Topic 7: Plan, Manage, and Execute Detailed Schedules | 16% | - Scheduling techniques and execution
- 1. Detailed scheduling, finite/infinite capacity
- 2. Lean, TOC and JIT/Kanban applications
|
| Topic 8: Plan and Manage Supply | 16% | - Supply planning and execution
- 1. Master scheduling, MRP and CRP
- 2. Capacity management and sourcing strategies
|
>> CPIM-8.0 Valid Exam Objectives <<
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APICS Certified in Planning and Inventory Management (CPIM 8.0) Sample Questions (Q487-Q492):
NEW QUESTION # 487
Plans are being made to move an organization's software systems to the cloud in order to utilize the flexibility and scalability of the cloud. Some of these software systems process highly sensitive data. The organization must follow strict legal requirements regarding the location of the highly sensitive data processed by the software systems. Which cloud model will BEST fit the organization's requirements?
- A. Hybrid cloud
- B. Public cloud
- C. Private cloud
- D. Multicloud
Answer: A
NEW QUESTION # 488
An organization needs a firewall that maps packets to connections and uses Transmission Control Protocol
/Internet Protocol (TCP/IP) header fields to keep track of connections. Which type of firewall will be recommended?
- A. Packet
- B. Network
- C. Stateless
- D. Stateful
Answer: D
NEW QUESTION # 489
In order to meet retention requirements, it may be necessary to migrate digital records to different media because of which of the following issues?
- A. Hierarchical storage facilitates access.
- B. Regulatory guidance requires compliance.
- C. Deduplication conserves storage.
- D. Digital media can degrade.
Answer: D
NEW QUESTION # 490
An organization's computer incident response team PRIMARILY responds to which type of control?
- A. Administrative
- B. Preventative
- C. Detective
- D. Corrective
Answer: D
NEW QUESTION # 491
For a company that uses first in, first out (FIFO) inventory accounting, the actual use in production of a recently arrived shipment of more expensive components rather than lower-cost components previously received will have which of the following results?
- A. A violation of FIFO rules
- B. No change to COGS
- C. Lower COGS
- D. Higher cost of goods sold (COGS)
Answer: D
Explanation:
FIFO inventory accounting assumes that the first items purchased or produced are the first ones sold or used. Therefore, the cost of goods sold reflects the oldest costs of inventory. If a company uses a more expensive shipment of components instead of the lower-cost ones that were previously received, it will increase the cost of goods sold and reduce the gross profit margin. This is because the newer components have a higher unit cost than the older ones, and the cost of goods sold is calculated by multiplying the unit cost by the number of units sold or used. Reference:
* CPIM Part 1 Exam Content Manual, page 17, section 3.2.1: "Explain the impact of inventory valuation methods (for example, first in, first out [FIFO], last in, first out [LIFO], average cost, standard cost) on financial statements and taxes."
* CPIM Part 1 Study Guide, page 63, section 3.2.1: "The FIFO method assumes that the first goods purchased or produced are the first goods sold. The cost of goods sold is based on the oldest costs, and the ending inventory is based on the most recent costs. The FIFO method results in a higher net income and a higher ending inventory value in a period of rising prices."
NEW QUESTION # 492
......
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