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APICS CPIM-8.0 Exam Overview:
| Certification Vendor: | ASCM (Association for Supply Chain Management) |
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| Exam Name: | Certified in Planning and Inventory Management (CPIM 8.0) |
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| Exam Number: | CPIM-8.0 |
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| Passing Score: | 300 (on a scale of 200–350) |
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| Certificate Validity Period: | 5 years |
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| Real Exam Qty: | 150 (120 scored + 30 pretest) |
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| Exam Price: | USD 495 (ASCM member) / USD 695 (non-member) |
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| Related Certifications: | Certified in Planning and Inventory Management (CPIM) |
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| Exam Format: | Multiple-choice questions |
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| Exam Duration: | 210 minutes |
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| Available Languages: | English |
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| Sample Questions: | APICS CPIM-8.0 Sample Questions |
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| Exam Way: | Computer-based testing at Pearson VUE testing centers worldwide or online proctored exam. |
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| Pre Condition: | No prerequisites required. Open to all candidates interested in supply chain planning and inventory management. |
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| Official Syllabus URL: | https://www.ascm.org/learning-development/certifications-credentials/cpim/ |
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| Topic | Details |
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| 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."
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| Topic 2 | - 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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| Topic 3 | - 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 4 | - 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."
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| Topic 5 | - 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 6 | - 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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APICS Certified in Planning and Inventory Management (CPIM 8.0) Sample Questions (Q308-Q313):
NEW QUESTION # 308
A security practitioner has been asked to investigate the presence of customer Personally Identifiable Information (PII) on a social media website. Where does the practitioner begin?
- A. Initiate the organization's Incident Response Plan (IRP).
- B. Review logs of all user's social media activity.
- C. Determine a list of information assets that contain PII.
- D. Review the organizational social media policy.
Answer: A
NEW QUESTION # 309
Which of the following attributes describes a company with a global strategy?
- A. Itoperates plants in many host countries and uses decentralized distribution.
- B. Ituses the same basic competitive style worldwide and focuses efforts on buildingglobal brands.
- C. Itcoordinates major strategic decisions worldwide but gives country managers wide strategy-making latitude.
- D. Itcustomizes the basic competitive style to fit markets but focuses efforts on building global brands.
Answer: B
Explanation:
A company with a global strategy seeks to achieve a competitive advantage by standardizing its products, processes, and marketing across different countries. It leverages economies of scale and scope, as well as global brand recognition, to gain market share and profitability. It does not adapt to local preferences or conditions, but rather imposes a uniform approach to all markets. References: EXAM CONTENT MANUAL PREVIEW, page 6, section 1.1.2. Strategic Supply Chain Management: The Five Core Disciplines for Top Performance, Second Edition, page 19, section 1.2.
NEW QUESTION # 310
If the total part failure rate of a machine is 0.00055 failures per hour, what would be the mean time between failures (MTBF) in hours?
- A. 1,818.2
- B. 1.98
- C. 59.99945
- D. 0.99945
Answer: A
Explanation:
The mean time between failures (MTBF) is the inverse of the failure rate. The failure rate is given as 0.00055 failures per hour, so the MTBF is 1/0.00055 = 1,818.2 hours. This means that the average time the machine operates without failing is 1,818.2 hours. Reference: MTBF Formula | How to Calculate Mean Time Between Failure? - EDUCBA, Mean time between failures - Wikipedia
NEW QUESTION # 311
Following the setting of an organization's risk appetite by senior management, a risk manager needs to prioritize all identified risks for treatment. Each risk has been scored based on its Annualized Loss Expectancy (ALE). Management has asked for an immediate risk mitigation plan focusing on top risks.
Which is the MOST effective approach for the risk manager to quickly present a proposal to management?
- A. Rank all risks based on their Single-Loss Expectancy (SLE) and select those that exceed a maximum acceptable threshold derived from the risk appetite.
- B. Rank all risks based on ALE and select the top 10 risks.
- C. Rank all risks based on ALE and select those that exceed a maximum acceptable threshold derived from the risk appetite.
- D. Rank all risks based on Single-Loss Expectancy (SLE) and select the top 10 risks.
Answer: C
NEW QUESTION # 312
Substituting capital equipment in place of direct labor can be economically Justified for which of the following scenarios?
- A. Volumes are forecasted to increase
- B. Functional layouts are being utilized
- C. Implementing a pull system in production
- D. Material prices are forecasted to increase
Answer: A
Explanation:
Substituting capital equipment in place of direct labor can be economically justified for scenario A, where volumes are forecasted to increase. This is because capital equipment can provide higher productivity, efficiency, and quality than direct labor, especially for large-scale and standardized production. Capital equipment can also reduce labor costs, such as wages, benefits, and training, and avoid labor shortages or turnover. However, capital equipment also involves high initial investment, maintenance, and depreciation costs, and may require more skilled workers to operate and monitor. Therefore, the substitution of capital equipment for direct labor should be based on a careful analysis of the trade-offs between the costs and benefits of both alternatives.
Option B is not correct, because material prices are forecasted to increase. This scenario does not directly affect the decision to substitute capital equipment for direct labor, as both alternatives use the same materials.
However, increasing material prices may reduce the profitability of the production, and may require the company to find ways to reduce material usage, such as improving material yield, reducing scrap and rework, or sourcing from cheaper suppliers.
Option C is not correct, because implementing a pull system in production. This scenario does not favor the substitution of capital equipment for direct labor, as a pull system is based on the principle of producing only what is needed by the customer, when it is needed, and in the quantity needed. A pull system requires flexibility, responsiveness, and adaptability to the changing customer demand, which may be better achieved by direct labor than capital equipment. A pull system also aims to minimize inventory, waste, and overproduction, which may reduce the need for capital equipment.
Option D is not correct, because functional layouts are being utilized. This scenario does not support the substitution of capital equipment for direct labor, as functional layouts are based on grouping similar or related processes or machines together, regardless of the product flow. Functional layouts may result in long and complex material flows, high transportation and handling costs, high work-in-process inventory, and low visibility and coordination of the production. Functional layouts may also require more direct labor to move and monitor the materials and machines. Capital equipment may be more suitable for product layouts, where the processes or machines are arranged according to the sequence of operations for a specific product or family of products.
:
Production and Inventory Management
Capital Equipment and Labor
Facility Layout and Design
NEW QUESTION # 313
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