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APICS Certified in Planning and Inventory Management(Part 2) Sample Questions:
1. Which of the following techniques would a group use to prioritize problems?
A) Pareto analysis
B) Critical path analysis
C) Cause-and-effect diagrams
D) Scatter charts
2. The most relevant measure of customer service performance is:
A) customer complaints received as a percentage of orders shipped.
B) service perceived by the customer against service expected by the customer.
C) service promised to the customer against service measured by the supplier.
D) positive customer feedback as a percentage of customer feedback.
3. The master production schedule (MPS) and final assembly schedule (FAS) are most closely linked in which production strategy?
A) Make-to-stock (MTS)
B) Assemble-to-order (ATO)
C) Engineer-to-order (ETO)
D) Make-to-order (MTQ)
4. Risk pooling would work best for items with:
A) high demand uncertainty and short lead times.
B) high demand uncertainty and long lead times.
C) low demand uncertainty and long lead times.
D) low demand uncertainty and short lead times.
5. An advantage of applying ABC classification to a firm's replenishment items is that:
A) it provides better order quantities than the economic order quantity (EOQ]).
B) it allows planners to focus on critical products.
C) it allows the firm to utilize time-phased order point (TPOP).
D) it distinguishes independent demand from dependent demand.
Solutions:
Question # 1 Answer: A | Question # 2 Answer: B | Question # 3 Answer: B | Question # 4 Answer: B | Question # 5 Answer: B |