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| Certification Vendor: | APICS |
|---|---|
| Exam Name: | APICS Certified in Planning and Inventory Management (CPIM 8.0) Examination |
| Exam Number: | CPIM-8.0 |
| Available Languages: | English |
| Exam Price: | USD $495–$690 per exam (member vs non-member pricing varies by region) |
| Related Certifications: | CSCP (Certified Supply Chain Professional) CLTD (Certified in Logistics, Transportation and Distribution) |
| Exam Duration: | 150–210 minutes per exam part (CPIM Part 1 and Part 2, varies by delivery update) |
| Exam Format: | Multiple-choice, Computer-based testing (CBT) |
| Passing Score: | Scaled score 300 (on a 200–350 scale) |
| Certificate Validity Period: | 5 years (renewal required via continuing education maintenance credits) |
| Real Exam Qty: | Approximately 150 multiple-choice questions per exam part |
| Recommended Training: | ASCM Official Certification Training ASCM CPIM Learning System |
| Exam Registration: | Pearson VUE ASCM Exam Registration Official CPIM Certification Page (ASCM) |
| Sample Questions: | APICS CPIM-8.0 Sample Questions |
| Exam Way: | Computer-based exam via Pearson VUE test centers or online proctored exam |
| Pre Condition: | No formal prerequisites required; supply chain or operations knowledge recommended |
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| Topic | Details |
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| Topic 1 |
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| Topic 2 |
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| Topic 3 |
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NEW QUESTION # 50
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
Answer: D
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 # 51
A company with stable demand that uses exponential smoothing to forecast demand would typically use a:
Answer: A
Explanation:
Exponential smoothing is a forecasting method that uses weighted averages of past observations to predict future values. The weights decrease exponentially as the observations get older, giving more importance to recent data. Exponential smoothing can be applied to data with different patterns, such as level, trend, or seasonality. Depending on the pattern, different exponential smoothing models and parameters are used. Two common parameters are alpha () and beta ():
Alpha is the smoothing parameter for the level component of the forecast. The level component is the average or typical value of the data. Alpha can range from 0 to 1, not inclusive. A low alpha value gives more weight to older observations and produces a smoother forecast. A high alpha value gives more weight to recent observations and produces a more responsive forecast.
Beta is the smoothing parameter for the trend component of the forecast. The trend component is the direction and rate of change of the data over time. Beta can also range from 0 to 1, notinclusive. A low beta value gives more weight to older trends and produces a smoother forecast. A high beta value gives more weight to recent trends and produces a more responsive forecast.
A company with stable demand that uses exponential smoothing to forecast demand would typically use a low alpha value. Stable demand means that the data do not have significant variations, fluctuations, or patterns over time. In this case, a simple exponential smoothing model that estimates only the level component is sufficient. A low alpha value would produce a smooth and stable forecast that reflects the average demand level and does not react to random noise or outliers. The other options are not correct, as they either refer to a different parameter (beta) or a different scenario (high alpha value):
A low beta value would be used for data with a trend component, but a stable demand does not have a trend component. A low beta value would produce a smooth and stable trend forecast that does not react to random noise or outliers.
A high beta value would also be used for data with a trend component, but a stable demand does not have a trend component. A high beta value would produce a responsive and dynamic trend forecast that reflects the recent changes in the data.
A high alpha value would be used for data with a high variability or uncertainty, but a stable demand does not have these characteristics. A high alpha value would produce a responsive and dynamic level forecast that reflects the recent changes in the data. References:
[CPIM Part 2 - Section A - Topic 3 - Demand Management]
Exponential Smoothing for Time Series Forecasting
What is alpha and beta in exponential smoothing?
Value of alpha and beta in Holt's exponential smoothing method
NEW QUESTION # 52
Additional requirements that are outside the original design are being added to a project, increasing the timeline and cost of the project.
What BEST describes the requirement changes that are happening?
Answer: D
NEW QUESTION # 53
Which of the following benefits typically will be realized when switching from a functional to a cellular layout?
Answer: C
Explanation:
A cellular layout is a workplace organization in which processes are organized by the product or product family, rather than by the type of work (function). A cellular layout consists of cells, which are groups of machines or workstations that are located close to each other and perform all the operations required for a product or product family. A cellular layout has several advantages over a functional layout, such as reduced material handling, improved quality, increased flexibility, and enhanced employee involvement. One of the main benefits of a cellular layout is that products will have faster throughput. Throughput is the rate at which products are produced and delivered to the customers. A cellular layout can increase the throughput by reducing the travel distance, the waiting time, and the setup time for the products. A cellular layout can also improve the production flow, the synchronization, and the visibility of the products. The other options are not correct, as they are not the typical benefits of switching from a functional to a cellular layout, but rather possible drawbacks or trade-offs of switching from a functional to a cellular layout:
Equipment utilization will be higher: This is unlikely to be true, as a cellular layout may result in lower equipment utilization than a functional layout. Equipment utilization is the ratio of the actual output of a machine to its maximum possible output. A cellular layout may reduce the equipment utilization by dedicating some machines to specific products or product families, which may limit the sharing of machines across different products or product families. A cellular layout may also reduce the equipment utilization by balancing the workload among the machines within a cell, which may prevent some machines from operating at their full capacity.
Quality inspections will be reduced: This may or may not be true, depending on the quality level and the quality control system of the production process. A cellular layout may reduce the quality inspections by improving the quality of the products, as the workers in a cell are more responsible, skilled, and empowered to perform the operations and to detect and correct the defects. However, a cellular layout may also increase the quality inspections by requiring more frequent and rigorous checks of the products, as the products move from one cell to another or from one stage to another.
Capital expenditures will be reduced: This is unlikely to be true, as a cellular layout may result in higher capital expenditures than a functional layout. Capital expenditures are the costs of acquiring or upgrading the fixed assets, such as machines, equipment, or facilities. A cellular layout may increase the capital expenditures by requiring more machines or equipment to create the cells, especially if the machines or equipment are specialized or customized for specific products or product families. A cellular layout may also increase the capital expenditures by requiring more space or facilities to accommodate the cells, especially if the cells are dispersed or isolated from each other. Reference:
[CPIM Part 2 - Section B - Topic 4 - Sustainability]
Cellular Manufacturing: Definition, Examples & Advantages - Katana
Cellular or Functional Layout? - IGI Global
Functional Layout - Velaction
What is cell layout? - Studybuff.com
NEW QUESTION # 54
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 # 55
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