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APICS Certified in Planning and Inventory Management(Part 2) Sample Questions:

1. A manufacturer wishes to decrease the time-to-market for a new product family. Which of thefollowing strategies should beused?

A) Increase collaboration between the buyer and the supplier of new components.
B) Increase the safety stocks for the new product's components.
C) Decrease the purchasing lot size for the new product's components.
D) Decrease the number of suppliers for components of the new product.

2. In a make-to-stock (MTS) environment, which of the following actions would improve thetrade-off between the cost ofinventory and the level of customer service?

A) Decreasing the frozen time zone
B) Reducing manufacturing overtime
C) Eliminating raw material stockouts
D) Improving estimates of customer demand

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

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

4. Which of the following priority rules is most consistent with the objective of meeting due dates?

A) Shortest processing time (SPT)
B) Fewest operations remaining
C) Slack time per operation
D) First-come-first-served

5. Which of the following conditions is required for an effective single-sourcing relationship?

A) The supplier must offer the lowest price per unit.
B) Demand for the customer's products must be stable.
C) The organizations must be located close to each other.
D) The organizations must be mutually dependent.

Solutions: