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| Topic | Details |
|---|
| Topic 1 | - 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.
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| Topic 2 | - Supply: This module tests the competencies of Procurement Specialists in managing supply chains effectively. It involves creating master schedules for production planning, maintaining these schedules over time, material requirements planning (MRP), capacity requirements planning (CRP), supplier management practices, and purchasing strategies during product life cycle changes. A key skill measured here is "validating master schedules."
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| Topic 3 | - 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."
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| Topic 4 | - Supply Chains and Strategy: This section of the exam measures the skills of Supply Chain Managers and covers various aspects related to supply chains, including their interaction with the environment and strategic objectives. It delves into developing organizational strategies, functional strategies, performance monitoring using KPIs, risk management, capital equipment management, and sustainability strategies. A key skill assessed here is "analyzing market trends."
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| Topic 5 | - 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.
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APICS Certified in Planning and Inventory Management (CPIM 8.0) Sample Questions (Q45-Q50):
NEW QUESTION # 45
If all other factors remain the same, when finished goods inventory investment is increased, service levels typically will:
- A. increase at a decreasing rate.
- B. remain the same.
- C. increase at an increasing rate.
- D. increase in direct (linear) proportion.
Answer: A
Explanation:
Increasing finished goods inventory investment will improve service levels by reducing the probability of stockouts. However, the relationship between inventory and service level is not linear, but rather asymptotic. This means that as inventory increases, service level increases at a decreasing rate, approaching a maximum value. Therefore, option C is correct. Option A is incorrect because service level will not remain the same when inventory changes. Option B is incorrect because service level will not increase in direct proportion to inventory. Option D is incorrect because service level will not increase at an increasing rate as inventory increases. Reference: CPIM Part 2 Exam Content Manual, Version 8.0, Section A: Demand Management, Subsection A.3: Demand Management and Customer Service, p. 10.
NEW QUESTION # 46
Which of the following ports needs to be open for Kerberos Key Distribution Center (KDC) to function properly?
Answer: D
NEW QUESTION # 47
The costs provided in the table below are associated with buying a quantity larger than immediately needed.
What Is the total landed cost based on this table?
Cost CategoryCost
Custom fees$125
Freight$700
Warehouse rent$200
Matenal cost$500
- A. $1,400
- B. $1,525
- C. $1,325
- D. $825
Answer: B
Explanation:
The total landed cost is the sum of all the costs associated with buying a quantity larger than immediately needed, including the cost of the product, the custom fees, the freight, and the warehouse rent. Based on the table, the total landed cost can be calculated as follows:
Landed cost = material cost + custom fees + freight + warehouse rent Landed cost = $500 + $125 + $700 +
$200 Landed cost = $1,525
Therefore, the correct answer is D. $1,525. The other options are not correct, as they either omit some of the costs or use incorrect values. The total landed cost reflects the direct costs only to move the product from the factory floor to the customer. It is an important supply chain KPI in inventory management, as it helps to determine the optimal order quantity, pricing, and profitability of the products12. References:
What is Landed Cost? | Calculation and Tips to Improve - ORBA Cloud CFO What is Landed Cost & Why is it Important | Finale Inventory
NEW QUESTION # 48
An organization is restructuring its network architecture in which system administrators from the corporate office need to be able to connect to the branch office to perform various system maintenance activities. What network architecture would be MOST secure?
- A. Jump-server connected to a Wireless Local Area Network (WLAN)
- B. Bastion host over a Wide Area Network (WAN)
- C. Bastion host with Virtual Private Network (VPN) termination point
- D. Jump-server on a Local Area Network (LAN)
Answer: C
NEW QUESTION # 49
The production plan defines which of the following targets?
- A. Level of output to be produced
- B. Quantities of each product to be produced
- C. Sales forecast
- D. Business plans for the company
Answer: A
Explanation:
The production plan is a high-level plan that defines the level of output to be produced for each product family or group in a given time period. It is based on the sales forecast, the aggregate production capacity, and the desired inventory levels. The production plan does not specify the quantities of each individual product to be produced, as this is done in the master production schedule. The production plan also does not include the sales forecast or the business plans for the company, as these are inputs to the production plan, not outputs12 References:
* Introduction to Materials Management, 8th ed., 2017, Chapman, Stephen N., J. R. Tony Arnold, Ann K.
Gatewood, and Lloyd M. Clive, ISBN: 978-0134156323, Chapter 11: Production Planning System
* Manufacturing Planning and Control for Supply Chain Management, The CPIM Reference, 2nd ed.,
2018, Jacobs, F. Robert, William L. Berry, D. Clay Whybark, and Thomas E. Vollmann, ISBN: 978-
1260108385, Chapter 6: Production Planning Strategies
NEW QUESTION # 50
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