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| Certification Vendor: | ASCM (Association for Supply Chain Management) |
|---|---|
| Exam Name: | Certified in Planning and Inventory Management (CPIM 8.0) |
| Exam Number: | CPIM-8.0 |
| Available Languages: | English |
| Exam Price: | USD 495 (ASCM member) / USD 695 (non-member) |
| Passing Score: | 300 (on a scale of 200–350) |
| Real Exam Qty: | 150 (120 scored + 30 pretest) |
| Certificate Validity Period: | 5 years |
| Exam Duration: | 210 minutes |
| Related Certifications: | Certified in Planning and Inventory Management (CPIM) |
| Exam Format: | Multiple-choice questions |
| Sample Questions: | APICS CPIM-8.0 Sample Questions |
| Exam Way: | Computer-based testing at Pearson VUE testing centers worldwide or online proctored exam. |
| Pre Condition: | No prerequisites required. Open to all candidates interested in supply chain planning and inventory management. |
| Official Syllabus URL: | https://www.ascm.org/learning-development/certifications-credentials/cpim/ |
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NEW QUESTION # 112
Reducing distribution network inventory days of supply will have which of the following Impacts?
Answer: C
Explanation:
Inventory days of supply (IDS) is a measure of how long it takes for a company to sell its entire inventory. Reducing IDS means that the company is selling its inventory faster, which increases the inventory turnover ratio. Inventory turnover ratio is the number of times a company sells and replaces its inventory in a given period. A higher inventory turnover ratio indicates that the company is more efficient in managing its inventory and generating sales. Reducing IDS also means that the company is reducing the time between paying its suppliers and receiving payment from its customers, which reduces the cash-to-cash cycle time. Cash-to-cash cycle time is the number of days a company's cash is tied up in its operations. A lower cash-to-cash cycle time indicates that the company is more efficient in converting its inventory into cash and improving its liquidity. Therefore, reducing distribution network inventory days of supply will have the impact of increasing turnovers and reducing cash-to-cash cycle time. Reference:
Gartner's Top Actions for Supply Chain Inventory Reduction
Inventory Days Of Supply | Supply Chain KPI Library | Profit.co
Maximizing Efficiency: Understanding Inventory Days of Supply in - oboloo
NEW QUESTION # 113
What is most likely to be the effect of developing a current-state value stream map?
Answer: C
Explanation:
The correct answer is A. Identification of non-value-added activities .
A current-state value stream map documents how the process currently works. Its most immediate effect is to make visible the activities, queues, delays, movements, inspections, and other steps that do not add value from the customer's perspective. Actual reduction in lead time or elimination of waste usually happens later, after future-state mapping and improvement actions are implemented.
Exact extract: "In JIT manufacturing waste is considered any non-value added process or activity. These activities include overtime scrap paperwork approvals wait times or any other process that doesn't add value from the customer's perspective." Therefore, the best answer is A , because the current-state map first helps identify non-value-added activities; it does not automatically eliminate them.
NEW QUESTION # 114
According to best practice, at which step in the system lifecycle shall a security professional begin involvement?
Answer: C
NEW QUESTION # 115
An organization is preparing to deploy Multi-Factor Authentication (MFA) to its workforce. The primary concerns of the organization are cost and security. The organization realizes that their entire workforce has computers and smartphones. Which of the following is BEST suited to address the organization's concerns?
Answer: D
NEW QUESTION # 116
Improvements in an Input/output control (I/O control) system will most likely lead to:
Answer: B
Explanation:
Improvements in an input/output control (I/O control) system will most likely lead to a reduction in queue size and queue time. An I/O control system is a method of managing the flow of work orders in a production system by matching the input rate to the output rate. The input rate is the number of work orders that are released to the shop floor in a given period. The output rate is the number of work orders that are completed and shipped to the customers in a given period. An I/O control system aims to keep the input rate equal to the output rate, or slightly lower, to avoid overloading the system and creating excess inventory. By improving the I/O control system, the production system can achieve a smoother and more balanced flow of work orders, which reduces the queue size and queue time at each work center. Queue size is the number of work orders that are waiting to be processed at a work center. Queue time is the amount of time that a work order spends in the queue before being processed. A reduction in queue size and queue time can improve the production efficiency, quality, and flexibility, as well as the customer service and satisfaction. The other options are not correct, as they are not the most likely outcomes of improvements in an I/O control system, but rather possible effects of other factors or methods:
Flattened bills of material (BOMs) are the result of simplifying the product structure and reducing the number of components or levels in a BOM. Flattened BOMs can reduce the complexity and lead time of the production process, but they are not directly related to the I/O control system.
A change in operation sequencing is the result of altering the order or priority of the work orders or operations in a production system. A change in operation sequencing can affect the production flow and capacity, but it is not necessarily caused by the I/O control system.
Fewer engineering change notifications are the result of minimizing the changes in the product design or specification during the production process. Fewer engineering change notifications can reduce the disruption and cost of the production process, but they are not directly related to the I/O control system.
References:
[CPIM Part 2 - Section A - Topic 2 - Capacity Planning]
Input/Output Control | SpringerLink
Input/Output Control - an overview | ScienceDirect Topics
Input/Output Control - InventoryOps.com
NEW QUESTION # 117
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