Make Your Mind for Preparing APICS (CPIM Part 1) Certification Exam

1. APICS PRODUCTION AND INVENTORY MANAGEMENT (CPIM PART 1) CERTIFICATION CPIM Part 1 Practice Test and Preparation Guide GET COMPLETE DETAIL ON CPIM PART 1 EXAM GUIDE TO CRACK PRODUCTION AND INVENTORY MANAGEMENT. YOU CAN COLLECT ALL INFORMATION ON CPIM PART 1 TUTORIAL, PRACTICE TEST, BOOKS, STUDY MATERIAL, EXAM QUESTIONS, AND SYLLABUS. FIRM YOUR KNOWLEDGE ON PRODUCTION AND INVENTORY MANAGEMENT AND GET READY TO CRACK CPIM PART 1 CERTIFICATION. EXPLORE ALL INFORMATION ON CPIM PART 1 EXAM WITH THE NUMBER OF QUESTIONS, PASSING PERCENTAGE, AND TIME DURATION TO COMPLETE THE TEST.

2. CPIM Part 1 Practice Test CPIM Part 1 is APICS Certified in Production and Inventory Management - Part 1– Certification offered by the APICS. Since you want to comprehend the CPIM Part 1 Question Bank, I am assuming you are already in the manner of preparation for your CPIM Part 1 Certification Exam. To prepare for the actual exam, all you need is to study the content of this exam questions. You can recognize the weak area with our premium CPIM Part 1 practice exams and help you to provide more focus on each syllabus topic covered. This method will help you to increase your confidence to pass the APICS Production and Inventory Management certification with a better score. APICS Production and Inventory Management Certification Practice Exam 1

3. CPIM Part 1 Exam Details APICS Certified in Production and Inventory Management - Part 1 Exam Name Exam Code CPIM Part 1 PLUS member Exam Fee USD $495 CORE member/nonmember Exam Fee USD $690 Retake Exam Fee USD $250 Exam Duration 210 Minutes Number of Questions 150 Passing Score 300 / 350 Format Multiple Choice Questions Schedule Exam Pearson VUE APICS CPIM Part 1 Exam Sample Questions and Answers Sample Questions APICS Certified in Production and Inventory Management (CPIM) Practice Test Practice Exam APICS Production and Inventory Management Certification Practice Exam 2

4. CPIM Part 1 Exam Syllabus Topic Business- wide Concepts Details Weights 25% A. Supply Chain Fundamentals: - The concept of a global network used to deliver products and services from raw materials to end consumers through a structured flow of information, physical distribution, and cash. It includes managing conflicts that occur within the supply chain. Businesses are also called upon to demonstrate social responsibility in operating their supply chains. B. Operating Environments: - Global, domestic, environmental, and stakeholder influences affect the key competitive factors, customer needs, culture, and philosophy of a company. This environment becomes the framework in which business strategy is developed and implemented. C. Financial Fundamentals: - Basic financial statements define the financial reporting common to most businesses. Underlying costs and analysis terms provide further understanding of statement information and often serve as the basis for management decisions. Demand Manageme nt 25% A. Market Driven: - Consumer needs, competitive sources, economic conditions and government regulations determine the demand experienced by suppliers. B. Voice of the Customer: - Actual customer word descriptions of the functions and features that customers desire for goods and services. C. Demand Management: - Demand management is the function of recognizing all demands for goods and services to support the marketplace. Demand management serves as a key input into the sales and operations plan and master production schedule (MPS). APICS Production and Inventory Management Certification Practice Exam 3

5. Transform ation of Demand into Supply 25% A. Product and Process Design: - Design affects product and process, the resulting framework of planning system parameters, and the requirement for data appropriate in source, content, and accuracy. Collaboration with customers and suppliers will improve product and process design. B. Capacity Management: - This section includes the function of establishing, measuring, monitoring, and adjusting limits or levels of capacity to execute all schedules. Capacity management encompasses resource requirements planning, rough-cut capacity planning, capacity requirements planning, input/output controls, and constraints management. C. Planning: - Includes the process of setting goals for the organization and choosing how to use the organization’s resources to achieve them. These different planning techniques vary depending on traditional, lean, or Theory of Constraints operating environments. Supply A. Inventory: - The stocks or items used to support production (raw materials and work-in-process items), supporting activities (maintenance, repair, and operating supplies), and customer service (finished goods and service parts). B. Purchasing Cycle: - The function and responsibility for understanding demand, sourcing, procuring materials, supplies, or services, receiving goods, and approving invoices for payment. C. Distribution: - The activities associated with the movement of material between the supplier, manufacturer, and customer. These activities encompass the functions of transportation, warehousing, inventory control, material handling, order administration, site and location analysis, industrial packaging, data processing, and the communications network necessary for effective management. It includes all activities related to physical distribution, as well as the return of goods to the manufacturer. APICS Production and Inventory Management Certification Practice Exam 4

6. CPIM Part 1 Questions and Answers Set 01. What is the major disadvantage of a fixed location warehouse? a) Put away time is increased. b) Cube utilization is poor. c) Dock time is increased. d) Material handling costs rise. Answer: b 02. Which of the following is used to manage queues and lead times? a) Forward scheduling. b) Rough-cut capacity planning. c) Material requirements planning. d) Input/output control. Answer: d 03. Which of the following identifies the demand for capacity at a work center in a specific time period? a) Bill of labor. b) Dispatch list. c) Scheduled receipts. d) Work center load. Answer: d APICS Production and Inventory Management Certification Practice Exam 5

7. 04. How many of what products are needed and when products are needed are questions of which of the following? a) Priority b) Capacity c) Revenue d) Margins Answer: a 05. Which of the following BEST describes the concept VMI? a) Visual management of the inventory levels. b) Allowing the supplier to manage the day-to-day inventory levels. c) Consignment of the inventory. d) Vertical grouping of the inventory. Answer: b 06. An important measure of an effective quality measure should be which of the following? a) Easy for the user to understand. b) Based on accounting information. c) Developed by the Quality Department. d) Used to evaluate individual performance. Answer: a APICS Production and Inventory Management Certification Practice Exam 6

8. 07. Providing customers with what they want at low cost describes the relationship between which of the following? a) TQM and production planning. b) TQM and CRP. c) JIT and TQM. d) MRP II and JIT. Answer: c 08. Work-in-process inventory serves to decouple which of the following? a) Production from suppliers. b) Finished good inventory from customer demand. c) An operation from succeeding operations. d) Production from distribution channels. Answer: c 09. In projecting demand for a standard design commodity, which of the following factors is typically MOST important? a) Post-sales service. b) Product features. c) Quality controls. d) Competitive pricing. Answer: d APICS Production and Inventory Management Certification Practice Exam 7

9. 10. The end items and quantities to be produced by period are defined by which of the following? a) Strategic business plan. b) Production plan. c) Master production schedule. d) Dispatch list. Answer: c APICS Production and Inventory Management Certification Practice Exam 8

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