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| Section | Objectives |
|---|---|
| Topic 1: CPIM Part 1: Supply Chain Fundamentals | - Demand Management - Supply Chain Basics - Supply Management Fundamentals - Operations Planning |
| Topic 2: CPIM Part 2: Strategic Planning and Execution | - Execution and Control of Operations - Detailed Scheduling and Planning - Continuous Improvement and Quality Management - Master Planning of Resources - Strategic Management of Resources |
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NEW QUESTION # 238
Which security concept applies if an architecture diagram illustrates a particular user/role combination with access to an asset or applicaton?
Answer: D
NEW QUESTION # 239
If all other factors remain the same, when finished goods inventory investment is increased, service levels typically will:
Answer: B
Explanation:
Increasing finished goods inventory investment will improve service levels by reducing the probability of stockouts. However, the relationship between inventory and service level is not linear, but rather asymptotic.
This means that as inventory increases, service level increases at a decreasing rate, approaching a maximum value. Therefore, option C is correct. Option A is incorrect because service level will not remain the same when inventory changes. Option B is incorrect because service level will not increase in direct proportion to inventory. Option D is incorrect because service level will not increase at an increasing rate as inventory increases. References: CPIM Part 2 Exam Content Manual, Version 8.0, Section A: Demand Management, Subsection A.3: Demand Management and Customer Service, p. 10.
NEW QUESTION # 240
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?
Answer: D
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 # 241
Components of an organization's Immediate industry and competitive environment Include:
Answer: C
Explanation:
Substitute products are components of an organization's immediate industry and competitive environment.
They are products or services that can satisfy the same customer needs or wants as the organization's offerings, but are provided by different industries or markets. Substitute products can affect the demand, price, and profitability of the organization's products, and require the organization to monitor and respond to the changes in customer preferences and competitive pressures. Political factors, interest rates, and sociocultural forces are examples of macroenvironmental factors, which are broader and more general forces that affect the organization and its industry, but are not directly related to its competitors or customers. References :=
* CPIM Exam Content Manual, Module 1: Supply Chains and Strategy, Section 1.1: Business Strategy, p.
4
* Strategic Supply Chain Management: The Five Core Disciplines for Top Performance, Chapter 2: Align Your Supply Chain with Business Strategy, Section 2.2: Assessing the External Environment, pp. 25-26
NEW QUESTION # 242
A vendor has been awarded a contract to supply key business software. The vendor has declined all requests to have its security controls audited by customers. The organization insists the product must go live within 30 days. However, the security team is reluctant to allow the project to go live. What is the organization's BEST next step?
Answer: C
NEW QUESTION # 243
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