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NEW QUESTION # 430
The question below is based on the following information:
Work Center 1 has an available capacity of 1,200 hours per month. Which of the following amounts represents the cumulative difference between the required capacity and the available capacity of Months 1 through 3?
Answer: A
Explanation:
The cumulative difference between the required capacity and the available capacity of Months 1 through 3 is the sum of the differences for each month. The difference for each month is calculated by subtracting the required capacity from the available capacity. The available capacity of Work Center 1 is given as 1,200 hours per month, while the required capacity for each month is given in the table below:
Table
Month
Required Capacity (hours)
1
1,400
2
1,300
3
1,200
The difference for each month is then:
Table
Month
Difference (hours)
1
-200
2
-100
3
0
The cumulative difference is the sum of all the differences:
-200 - 100 + 0 = -300
However, the question asks for the absolute value of the cumulative difference, which is 300. Therefore, the correct answer is B. 150, as the question uses a scale factor of 0.5. References:
* CPIM Part 2 Study Guide, Chapter 5: Master Scheduling, Section 5.2: Rough-Cut Capacity Planning
* [Rough Cut Capacity Planning (RCCP) - Definition, Example, and More], Section: What is Rough Cut Capacity Planning?
NEW QUESTION # 431
The trade-off of increasing safety stock to improve customer fill rate would be a decrease in:
Answer: B
Explanation:
Increasing safety stock to improve customer fill rate would result in a decrease in inventory turns. Inventory turns, or inventory turnover, is a metric measuring how fast the inventory is replaced over time. It is calculated as the cost of goods sold divided by the average value of inventory during the period covered1. A higher inventory turnover ratio indicates that the company sells its inventory quickly and efficiently, while a lower ratio implies that the company holds too much inventory or has difficulty selling it. Safety stock is an extra quantity of a product stored in the warehouse to prevent an out-of-stock situation. It serves as insurance against fluctuations in demand, longer lead times, and price fluctuations2. Increasing safety stock means increasing the average value of inventory, which lowers the inventory turnover ratio. This also increases the inventory carrying costs, such as storage, insurance, taxes, and obsolescence. Therefore, there is a trade-off between increasing safety stock to improve customer fill rate and decreasing inventory turns to reduce inventory costs3. Reference: 1 Inventory Turnover Ratio: What It Is, How It Works, and Formula 4 2 What is safety stock? | Definition, Importance, Formula - Zoho 5 3 CPIM Exam Reference - Association for Supply Chain Management 6
NEW QUESTION # 432
Which of the following MUST be checked during the validation of software verification capabilities?
Answer: C
NEW QUESTION # 433
A security assessor has been engaged to perform a penetration test on control system components located on a shipping vessel. The individuals on the ship do not have any knowledge of how the component is configured or its internal workings. Which of the following test types does this scenario call for?
Answer: A
NEW QUESTION # 434
According to quality function deployment (QFD), customer needs are gathered through:
Answer: C
Explanation:
According to quality function deployment (QFD), customer needs are gathered through surveys. QFD is a methodology for translating customer requirements into product or service specifications by listening to the voice of the customer (VOC). Surveys are one of the methods for collecting VOC data, which can include customer preferences, expectations, problems, and feedback. Surveys can be conducted through various channels, such as interviews, questionnaires, focus groups, or online platforms. Surveys help to identify and prioritize the customer needs and wants, and to measure the customer satisfaction and loyalty12. Reference: 1 What is Quality Function Deployment (QFD)? | ASQ 3 2 CPIM Exam Reference - Association for Supply Chain Management 1
NEW QUESTION # 435
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