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

1. An example of a cradle-to-cradle sustainability model would be:

A) A a laundry service collects dirty baby clothes from families; cleans the clothes inlarge, efficient batches;and thensorts and delivers the clothes back to each family.
B) a bank offers the lowest interest rates on loans to firms that are committed to using recycled materials andimplementing zero-waste initiatives in their processes.
C) a company uses wood that has been gathered from multiple sources to construct items, such as beds andtoys for babies and young children.
D) a coffee shop collects paper waste in its restaurants, has a selected supplier collect the paper waste to be recycled, and then purchases paper products from that supplier.

2. The master production schedule (MPS) and final assembly schedule (FAS) are most closely linked in which production strategy?

A) Assemble-to-order (ATO)
B) Make-to-stock (MTS)
C) Make-to-order (MTQ)
D) Engineer-to-order (ETO)

3. Given the information below, reducing which measure by 10% would contribute most to shortening the cash-to-cash cycletime?

A) Inventory value
B) Cost of capital
C) Accounts receivable
D) Accounts payable

4. A process capability study would be necessary in a laboratory when:

A) frequent failures are occurring.
B) hours of operation are to be extended.
C) a new technician is hired.
D) A test results are consistently late.

5. When procuring for innovative products, the focus should be on:

A) lead times.
B) lot sizes.
C) unit cost.
D) total landed cost.

Solutions: