APICS Certified in Production and Inventory Management - CPIM Free Exam Questions

QUESTION NO: 1
Which of the following are the advantages to use single-level bills?

Correct Answer: D Vote an answer
QUESTION NO: 2
Some of the characteristics customers expect when they buy products are all of the following EXCEPT:

Correct Answer: C Vote an answer
QUESTION NO: 3
The product structure file:

Correct Answer: B Vote an answer
QUESTION NO: 4
The time normally required to produce an item in a typical lot quantity is known as:

Correct Answer: D Vote an answer
QUESTION NO: 5
A convenient way to think about bills of material is through:

Correct Answer: A Vote an answer
QUESTION NO: 6
If there are 20 as in stock, only 30 needs to be made, then the requirements for components parts would be:

Correct Answer: C Vote an answer
QUESTION NO: 7
What uses standardization parts for flexibility and variety?

Correct Answer: B Vote an answer
QUESTION NO: 8
Which cost would be the interest lost by not investing the money at the prevailing interest rate, and it may be much higher depending on investment opportunities for the firm?

Correct Answer: C Vote an answer
QUESTION NO: 9
When in a given period, actual demand will vary about the average demand, this is called:

Correct Answer: C Vote an answer
QUESTION NO: 10
Goods or services satisfy the needs and expectations of the user, this refers to:

Correct Answer: A Vote an answer
QUESTION NO: 11
Inventory must be sorted and the same parts collected together so they can easily be counted, this is called:

Correct Answer: B Vote an answer
QUESTION NO: 12
The places where carriers load and unload goods to and from vehicles and make connections between local pickup and delivery service and line-haul service are called:

Correct Answer: C Vote an answer

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