APICS CPIM-Part-2 Quiz 1 Topic 1 Questions 1-5

Question: 1

Which of the following trade-offs should be evaluated when determining where to place inventory in a multi-echelon supply chain network?

AProduction cost and lot size quantity

BPurchase cost and shrinkage rates

CTransportation cost and delivery time

DCustomer price and order quantity

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Question: 2

A manufacturer wishes to decrease the time-to-market for a new product family. Which of the following strategies should be used?

ADecrease the number of suppliers for components of the new product.

BDecrease the purchasing lot size for the new product's components.

CIncrease collaboration between the buyer and the supplier of new components.

DIncrease the safety stocks for the new product's components.

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Question: 3

Safety capacity in lean environments is:

Aunnecessary waste to be reduced in the next kaizen event.

Bwhere take time is greater than cycle time.

Cprovided by adding an additional shift.

Demploying additional workers in peak periods.

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Question: 4

A company has prioritized customers A, B, and C, filling orders in that sequence. What are the impacts to customer service levels for customers B and C?

A100% service levels for B and C

BCustomer B has higher service level

CCustomer C has higher service level

DCustomer B and C have same service level

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Question: 5

Which of the following is the fundamental difference between finite loading and other capacity planning approaches?

AIt is highly dependent on advanced computer software to function effectively.

BIt is only managed by shop floor supervisors.

CIt can use historical information to drive decision-making processes.

DIt considers adjustments to plans based on planned capacity utilization.

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APICS CPIM-Part-2 Quiz:1 Topic:1 Questions:1-5