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| Certification Vendor: | ASCM (Association for Supply Chain Management) |
|---|---|
| Exam Name: | Certified in Planning and Inventory Management (CPIM 8.0) |
| Exam Number: | CPIM-8.0 |
| Real Exam Qty: | 150 (120 scored + 30 pretest) |
| Passing Score: | 300 (on a scale of 200–350) |
| Exam Price: | USD 495 (ASCM member) / USD 695 (non-member) |
| Available Languages: | English |
| Certificate Validity Period: | 5 years |
| Related Certifications: | Certified in Planning and Inventory Management (CPIM) |
| Exam Duration: | 210 minutes |
| Exam Format: | Multiple-choice questions |
| Sample Questions: | APICS CPIM-8.0 Sample Questions |
| Exam Way: | Computer-based testing at Pearson VUE testing centers worldwide or online proctored exam. |
| Pre Condition: | No prerequisites required. Open to all candidates interested in supply chain planning and inventory management. |
| Official Syllabus URL: | https://www.ascm.org/learning-development/certifications-credentials/cpim/ |
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NEW QUESTION # 113
How would a master production schedule (MPS) be used In an assemble-to-order (ATO) manufacturing environment?
Answer: C
Explanation:
In an assemble-to-order (ATO) manufacturing environment, the MPS is used to plan subassemblies and components that have long lead times or high demand variability. These subassemblies and components are produced and stocked in anticipation of customer orders. The end items are only scheduled in the MPS when a customer order is received, and they are assembled from the available subassemblies and components. This reduces the lead time and inventory for the end items, while increasing the flexibility and responsiveness to customer needs. ATO is a hybrid strategy between make-to-stock (MTS) and make-to-order (MTO).
References :=
* CPIM Exam Content Manual, Module 4: Supply, Section 4.1: Master Production Schedule, p. 14
* Manufacturing Planning and Control for Supply Chain Management, Chapter 8: Master Production Scheduling, Section 8.3: Master Production Scheduling in Different Environments, pp. 191-192
NEW QUESTION # 114
Price negotiation is most appropriate when purchasing which of the following product categories?
Answer: A
Explanation:
Price negotiation is most appropriate when purchasing commodities. Commodities are products or materials that are standardized, widely available, and have low differentiation. Examples of commodities include metals, grains, oil, gas, etc. Price negotiation is a process of bargaining with the supplier to obtain the best possible price for the purchase. Price negotiation is suitable for commodities because they have high price volatility, meaning that their prices fluctuate frequently and unpredictably due to changes in supply and demand, market conditions, and other factors. Price negotiation can help the buyer to take advantage of the price fluctuations and secure a lower price or a better contract term with the supplier. Price negotiation can also help the buyer to reduce the total cost of ownership, which includes not only the purchase price but also the costs of transportation, storage, quality, and risk12. Reference: 1 How to negotiate price: negotiation tips for salespeople 3 2 CPIM Exam Reference - Association for Supply Chain Management 1
NEW QUESTION # 115
A company is having trouble with raw material deliveries and has decided to develop a supplier certification program. The certification process most appropriately would start with which of the following suppliers?
Answer: C
Explanation:
A supplier certification program is a formal process of evaluating and approving potential suppliers based on certain criteria, such as quality, delivery, cost, and service. The purpose of a supplier certification program is to ensure that the suppliers meet the standards and expectations of the company and to reduce the risks and costs associated with poor supplier performance. A supplier certification program should start with the suppliers of "A" classified items, which are the most critical and valuable items for the company. These items have the highest impact on the company's profitability and customer satisfaction, and therefore require the highest level of supplier reliability and quality. By certifying the suppliers of "A" classified items, the company can improve its supply chain performance and reduce its dependence on inspection and corrective actions. This aligns with CPIM's focus on plan and manage supply and plan and manage distribution. References: The concepts are covered in detail in Module 3: Supply Management (1 and Module
7: Distribution and Logistics Management (2. You can also find more information about supplier certification programs from these sources: 3, 4, and 5.
NEW QUESTION # 116
Which of the following is the GREATEST threat for a Border Gateway Protocol (BGP) deployment on the internet?
Answer: A
NEW QUESTION # 117
The cost accountant has discovered a consistent overage in actual run time for one operation. This information should be sent first to the:
Answer: C
Explanation:
The production supervisor is the most appropriate person to send the information about the overage in actual run time for one operation. The production supervisor is responsible for overseeing the execution of the production plan and ensuring that the operations are performed efficiently and effectively. The production supervisor can review the actual run time data and compare it with the planned run time, identify the possible causes of the overage, and take corrective actions if needed. The production supervisor can also explain the overage to the cost accountant and other stakeholders, such as the product manager, the quality manager, and the engineering manager, and provide feedback for improving the planning and routing of the operation. References:
APICS CPIM Part 2 Exam Content Manual, p. 30
[APICS CPIM Learning System Version 8.0], Module 4, Section D, p. 4-35
NEW QUESTION # 118
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