Free CPIM sample questions
Real questions from the Certified in Planning and Inventory Management practice bank, with the correct answer and an explanation for each one. No junk, no filler.
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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.
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 COGSC.No change to COGSD.A violation of FIFO rules
What is the main negative effect of changing the due dates of open orders? A.The schedule information becomes inaccurate.B.The customer service level decreases.C.It leads to “nervousness” in the schedule.D.The schedule does not support demand.
The question below is based on the following information:Work Center 1 has an available capacity of 1,200 hours per month. Which of the following amounts represents the cumulative difference between the required capacity and the available capacity of Months 1 through 3? A.50B.150C.1,250D.3,750
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