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Certified in Planning and Inventory Management (CPIM 8.0)

Last Update Feb 26, 2024
Total Questions : 150

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Certified in Planning and Inventory Management (CPIM 8.0) Questions and Answers

Questions 1

The costs provided in the table below are associated with buying a quantity larger than immediately needed. What Is the total landed cost based on this table?

Cost CategoryCost

Custom fees$125

Freight$700

Warehouse rent$200

Matenal cost$500

Options:

A.

$825

B.

$1,325

C.

$1,400

D.

$1,525

Questions 2

A low-cost provider strategy works best when which of the following conditions are met?

Options:

A.

Price competition among rivals is similar.

B.

Buyers are more price sensitive.

C.

There are many ways to achieve product differentiation.

D.

There are few industry newcomers.

Questions 3

Which of the following tools is used to evaluate the impact that a production plan has on capacity?

Options:

A.

Demand time fence (DTF)

B.

Bill of resources

C.

Product routing

D.

Safety capacity