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CPIM Actual Exam Questions

Last updated on Dec. 23, 2024.
Vendor:APICS
Exam Code:CPIM
Exam Name:Certified in Planning and Inventory Management
Exam Questions:150
97% Passed the exam with this material
 

Topic 1 - Exam A

Question #1 Topic 1

How would a master production schedule (MPS) be used in an assemble-to-order (ATO) manufacturing environment?

  • A. The MPS is used to plan subassemblies and components; end items are only scheduled when a customer order is received.
  • B. Subassemblies are scheduled in the MPS when the customer order is received, and production can start.
  • C. Typically, the MPS is not used in companies using an ATO manufacturing strategy.
  • D. Often in an ATO environment, the MPS is created once a year and only revised if a product is discontinued.
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Correct Answer: A 🗳️

Question #2 Topic 1

Price negotiation is most appropriate when purchasing which of the following product categories?

  • A. Commodities
  • B. Standard products
  • C. Items of small value
  • D. Made-to-order (MTO) items
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Correct Answer: D 🗳️

Question #3 Topic 1

A part is sold as a service part, and it is also used as a component in another part. Which of the following statements about the planning for this part is true?

  • A. Its low-level code is zero.
  • B. The material requirements for the part will be understated.
  • C. The service part demand can be included in the gross requirements.
  • D. It shouldn’t have any safety stock.
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Correct Answer: C 🗳️

Question #4 Topic 1

For a company that uses first in, first out (FIFO) inventory accounting, the actual use in production of a recently arrived shipment of more expensive components rather than lower-cost components previously received will have which of the following results?

  • A. Higher cost of goods sold (COGS)
  • B. Lower COGS
  • C. No change to COGS
  • D. A violation of FIFO rules
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Correct Answer: D 🗳️

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