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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Module 4: Detailed Schedules | 14% | - Master Production Scheduling (MPS)
|
| Topic 2: Module 1: Supply Chains and Strategy | 26% | - Demand Management
|
| Topic 3: Module 2: Demand Management | 21% | - Demand Forecasting
|
| Topic 4: Module 3: Supply | 23% | - Capacity Management
|
| Topic 5: Module 5: Distribution | 16% | - Distribution Planning
|
>> Exam CPIM-8.0 Introduction <<
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NEW QUESTION # 409
Given the information below, reducing which measure by 10% would contribute most to shortening the cash-to-cash cycle time?
Answer: B
Explanation:
Reducing the inventory value by 10% would contribute most to shortening the cash-to-cash cycle time. The cash-to-cash cycle time is calculated as the days of inventory outstanding plus days of sales outstanding minus days of payables outstanding. By reducing the inventory value, the company can decrease the days of inventory outstanding, leading to a shorter cash-to-cash cycle time. This aligns with CPIM's focus on efficient inventory management to optimize the supply chain. References: The concepts are covered in detail in Module
4: Inventory Management
NEW QUESTION # 410
Components of an organization's Immediate industry and competitive environment Include:
Answer: C
Explanation:
Substitute products are components of an organization's immediate industry and competitive environment. They are products or services that can satisfy the same customer needs or wants as the organization's offerings, but are provided by different industries or markets. Substitute products can affect the demand, price, and profitability of the organization's products, and require the organization to monitor and respond to the changes in customer preferences and competitive pressures. Political factors, interest rates, and sociocultural forces are examples of macroenvironmental factors, which are broader and more general forces that affect the organization and its industry, but are not directly related to its competitors or customers. Reference := CPIM Exam Content Manual, Module 1: Supply Chains and Strategy, Section 1.1: Business Strategy, p. 4 Strategic Supply Chain Management: The Five Core Disciplines for Top Performance, Chapter 2: Align Your Supply Chain with Business Strategy, Section 2.2: Assessing the External Environment, pp. 25-26
NEW QUESTION # 411
An organization's security policy requires remote hosts to be authenticated before they can access network resources. Which of the following is the BEST option for the organization to enforce its policy?
Answer: A
NEW QUESTION # 412
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?
Answer: C
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. References:
*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 # 413
Which of the following describes the 3 MAIN roles of the identity-delegation model?
Answer: D
NEW QUESTION # 414
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