Exam Name: Certified in Planning and Inventory Management(Part 2)
Certification Provider: APICS
Corresponding Certification: CPIM Certification
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APICS CPIM-Part-2 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Strategic Management of Resources | - Alignment of operations with organizational strategy
|
| Topic 2: Execution and Control of Operations | - Shop floor control
|
| Topic 3: Strategic Sourcing and Supplier Relationship Management | - Supplier selection and evaluation
|
| Topic 4: Detailed Scheduling and Planning | - Material requirements planning (MRP)
|
| Topic 5: Master Planning of Resources | - Sales and operations planning (S&OP)
|
| Topic 6: Continuous Improvement and Quality Management | - Lean and quality improvement principles
|
APICS Certified in Planning and Inventory Management(Part 2) Sample Questions:
A company has deployed its own proprietary software for web hosting and order management. This software has beenrecognized as best-in-class. The proprietary software represents what defensive operational strategy used to sustain thecompany's business over time?
- A. Difficult to substitute
- B. Scarcity
- C. Difficult to relocate
- D. Difficult to copy
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The major contribution of the production plan is to:
- A. establish the weekly build schedule.
- B. provide authorization for the master schedule.
- C. identify key resources to support the master schedule.
- D. establish demand by end item.
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The horizon for forecasts that are input to the sales and operations planning (S&O0P) process should be long enough that:
- A. required resources can be properly planned.
- B. cumulative forecast deviation approaches zero.
- C. planned product launches can be incorporated.
- D. supply constraints can be resolved.
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An advantage of activity-based costing (ABC) is:
- A. it enables overhead costs to be allocated evenly across all products.
- B. it is easier to establish standard costs.
- C. it allows raw material costs to be allocated on a per unit basis.
- D. it uses cost drivers to allocate costs to products.
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Which of the following methods most likely introduces a temporary variance betweenthe inventory balance and theinventory record?
- A. Kanban
- B. Backflushing
- C. Inventory write-off
- D. Cycle count
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