APICS - CPIM-8.0 - Certified in Planning and Inventory Management (CPIM 8.0)–Reliable Valid Test Topics
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| Topic 1 | - 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 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 | - 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 | - 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 5 | - Quality, Technology, and Continuous Improvement: This section assesses skills of Quality Assurance Specialists, focusing on quality assurance methodologies enhanced by technology to drive continuous improvement efforts. A key skill measured here is "enhancing quality metrics."
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| Topic 6 | - 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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APICS Certified in Planning and Inventory Management (CPIM 8.0) Sample Questions (Q193-Q198):
NEW QUESTION # 193
Which of the following trade-offs should be evaluated when determining where to place inventory in a multi-echelon supply chain network?
- A. Purchase cost and shrinkage rates
- B. Transportation cost and delivery time
- C. Production cost and lot size quantity
- D. Customer price and order quantity
Answer: B
Explanation:
Transportation cost and delivery time are two of the trade-offs that should be evaluated when determining where to place inventory in a multi-echelon supply chain network. A multi-echelon supply chain network consists of multiple levels of distribution, such as factories, warehouses, distribution centers, and retailers. Placing inventory closer to the customers can reduce the delivery time and improve the service level, but it can also increase the transportation cost and the inventory holding cost. Placing inventory farther from the customers can reduce the transportation cost and the inventory holding cost, but it can also increase the delivery time and the risk of stockouts. Therefore, the optimal inventory placement depends on balancing these trade-offs and finding the lowest total cost for the desired service level. The other trade-offs are not directly related to inventory placement in a multi-echelon supply chain network. Production cost and lot size quantity are more related to inventory replenishment policies and economies of scale. Purchase cost and shrinkage rates are more related to inventory sourcing and quality control. Customer price and order quantity are more related to demand management and pricing strategies. Reference: Network Design and Safety Stock Placement for a Multi-Echelon Supply Chain, APICS CPIM 8 Planning and Inventory Management | ASCM
NEW QUESTION # 194
In a large organization, the average time for a new user to receive access is seven days. Which of the following is the BEST enabler to shorten this time?
- A. Increase authorization workflow steps
- B. Implement an automated provisioning tool
- C. Increase system administration personnel
- D. Implement a self-service password management capability
Answer: B
NEW QUESTION # 195
Which of the following documents is the BEST reference to describe application functionality?
- A. Disaster Recovery Plan (DRP)
- B. Business Impact Analysis (BIA) report
- C. Vulnerability assessment report
- D. System security plan
Answer: D
NEW QUESTION # 196
A manufacturing facility uses common wireless technologies to communicate. The head of security is concerned about eavesdropping by attackers outside the perimeter fence. The distance between the facility and fence is at least 300 feet (100 m). Which of the following wireless technologies is MOST likely to be available to an attacker outside the fence?
- A. Bluetooth
- B. Long-Term Evolution (LTE)
- C. ZigBee
- D. Radio-Frequency Identification (RFID)
Answer: B
NEW QUESTION # 197
Which of the following conditions is most likely to result in planned production that is greater than the total demand over the sales and operations planning (S&OP) horizon for a product family that is made to stock?
- A. Planned ending inventory for the product family is less than the beginning inventory.
- B. There is a long-term upward trend in demand for the product family.
- C. An increase in the customer service level is planned for the product family.
- D. New models are being added to the product family.
Answer: C
Explanation:
Customer service level is the percentage of customer orders that are fulfilled on time and in full1. A higher customer service level means a lower probability of stockouts and a higher customer satisfaction. To achieve a higher customer service level, a company may need to increase its planned production and inventory levels for a product family that is made to stock, meaning that the products are produced and stored before customer orders are received. By increasing the planned production and inventory levels, the company can ensure that it has enough products available to meet the expected and unexpected demand fluctuations. Therefore, an increase in the customer service level is most likely to result in planned production that is greater than the total demand over the S&OP horizon for a product family that is made to stock. Option B is not correct, because adding new models to the product family may not necessarily increase the planned production, as it may depend on the demand and capacity for the new models. Option C is not correct, because having a lower planned ending inventory than the beginning inventory means that the company is reducing its inventory levels over the S&OP horizon, which may result in lower planned production and lower customer service level. Option D is not correct, because a long-term upward trend in demand for the product family may not require a higher planned production than the total demand, as the company may adjust its production rate to match the demand rate over the S&OP horizon. References: 1 Customer Service Level: Definition, Standards, Measuring | SupportYourApp 2
NEW QUESTION # 198
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