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

1. Establishment of goals and baselines prior to entering the plan-do-check-act (FDCA) cycle allows improvement teams to:

A) determine if improvement potential is complete.
B) determine whether an effective change was made in the process.
C) assure successful completion of the improvement effort.
D) complete the project with fewer iterations.

2. A factory work center has the following work orders. What is the load on this work center?

A) 332.5 hours
B) 248 hours
C) 252.5 hours
D) 257 hours

3. Which of the following risk management strategies assumes that losses in one part of the supplychain will be offset by gainsin another?

A) Speculative
B) Fluctuation
C) Hedge 5
D) Flexible

4. Which of the following tools shows process changes and random variation over time?

A) Pareto analysis
B) Control chart
C) Check sheet
D) Histogram

5. Collaborative planning, forecasting, and replenishment (CPFR) typically would be most effective for a:

A) manufacturer that sells directly to a large number of firms.
B) company that has a large number of geographically dispersed suppliers.
C) distributor with a few major customers and many smaller customers.
D) regional headquarters for a large home improvement retailer.

Solutions: