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APICS Certified in Planning and Inventory Management(Part 2) Sample Questions:
1. An advantage of adopting a capacity-leading strategy is that:
A) there is sufficient capacity to meet demand.
B) there is sufficient demand to consume capacity.
C) all demand is satisfied, and profit is maximized.
D) overcapacity problems are minimized.
2. Compared to traditional supplier relationships, a more strategic view of supplier relationships would require:
A) maintaining communication based on trust.
B) implementing concurrent engineering.
C) adopting electronic data interchange (EDI).
D) offering the supplier more business.
3. A supplier making a part with a specified dimension of 50 mm + 0.3 mm changes the tolerance range to + 0.5 mm. Which ofthe following pairs correctly identifies the changes to the percentage of defective parts and the process capability index?
A) The percentage of defective parts decreases, and the process capability index increases.
B) The percentage of defective parts increases, and the process capability index increases.
C) The percentage of defective parts increases, and the process capability index decreases.
D) The percentage of defective parts decreases, and the process capability index decreases.
4. Which of the following risk management strategies assumes that losses in one part of the supplychain will be offset by gainsin another?
A) Flexible
B) Fluctuation
C) Hedge 5
D) Speculative
5. When designing a production cell, which of the following items would be the most important consideration?
A) The taketime requirement for each operator to meet the monthly production goals of the plant
B) The unit per hour requirement for the production cell to meet the sales forecast
C) The output rate for the first operation and move time after the last workstation
D) The flow of materials into the cell and sequencing of operations to minimize total cycle time
Solutions:
Question # 1 Answer: A | Question # 2 Answer: A | Question # 3 Answer: D | Question # 4 Answer: C | Question # 5 Answer: D |