APICS APICS Certifications CPIM-MPR Questions & Answers

• Question 441:

  is responsible for producing a set of specifications that manufacturing can use to make the product. Products must be designed to be:

  1.

  Functional

  2.

  Capable of low-cost processing

  A. Product Design

  B. Production Plan

  C. Marketing mix

  D. All of these

  Correct Answer: A

• Question 442:

  An SKU costing $10 is ordered in quantities of 500 units, annual demand is 5200 units, carrying costs are 20%, and the cost of placing an order is $50. Calculate annual inventory carrying cost

  A. $500

  B. $550

  C. $450

  D. $400

  Correct Answer: A

• Question 443:

  In terms of structure and function, the construction supply chain is characterized by the following element/s:

  A. It is a converging supply chain directing all materials to the construction site where the object is assembled from incoming materials. The ?construction factory ?is set up around the single product, in contrast to manufacturing systems where multiple products pass through the factory, and are distributed to many customers.

  B. It is, apart from rare exceptions, a temporary supply chain producing one-of construction projects through repeated reconfiguration of project organizations. As a result, the construction supply chain is typified by instability, fragmentation, and especially by the separation between the design and the construction of the built object.

  C. It is a typical make-to-order supply chain, with every project creating a new product or prototype.There is little repetition, again with minor exceptions. The process can be very similar, however, for projects of a particular kind.

  D. All of these

  Correct Answer: B

• Question 444:

  Order quantity is 1000 units and safety stock is 300 units. What is the average inventory?

  A. 800 units

  B. 900 units

  C. 890 units

  D. 980 units

  Correct Answer: A

• Question 445:

  Which one of the following tools that cannot be used to evaluate feasibility of a strategy?

  A. Cash flow analysis and forecasting

  B. Break-Even analysis

  C. Resource deployment analysis

  D. None of these

  Correct Answer: D

• Question 446:

  Suitability deals with the overall rationale of the strategy. The key point to consider is whether the strategy would address the key strategic issues underlined by the organization's strategic position. For instance:

  A. Does it make economic sense?

  B. Would the organization obtain economies of scale, economies of scope or experience economy?

  C. Would it be suitable in terms of environment and capabilities?

  D. All of these

  Correct Answer: D

• Question 447:

  Which statement is best as it relates to PROTECTIVE CAPACITY?

  A. The capabilities of a system constraint

  B. extra capacity used to protect against fluctuations in demand from the system constraint.

  C. the capabilities of the gateway workcenter

  D. capacity that should always be utilized

  Correct Answer: B

• Question 448:

  The following four jobs, A-D, have critical ratios of 1.6, 1.2, 0.3, and 0.4 respectively. When this rule is utilizing for dispatching, what is the sequence of job execution?

  A. D, A, B, C

  B. C, D, B, A

  C. A, B, C, D

  D. D, C, B, A

  Correct Answer: C

• Question 449:

  Which combination of business processes is accurate?

  A. MRP, rough-cut capacity

  B. SandOP, CRP

  C. MPS, rough cut capacity

  D. DRP, CRP

  Correct Answer: C

• Question 450:

  Which forecast performance measure detects bias?

  A. tracking signal

  B. MAPE

  C. standard deviation

  D. MAD

  Correct Answer: A