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APICS certification CPIM-8.0 exam targeted exercises
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APICS CPIM-8.0 Exam Syllabus Topics:
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APICS Certified in Planning and Inventory Management (CPIM 8.0) Sample Questions (Q40-Q45):
NEW QUESTION # 40
Risk pooling would work best for items with:
- A. high demand uncertainty and long lead times.
- B. low demand uncertainty and short lead times.
- C. high demand uncertainty and short lead times.
- D. low demand uncertainty and long lead times.
Answer: A
Explanation:
Risk pooling is the concept of reducing the variability in demand for raw materials or finished goods by aggregating demand across multiple locations or products1. By doing so, the demand fluctuations are more likely to cancel out each other, resulting in a lower safety stock and inventory cost. Risk pooling works best for items with high demand uncertainty and long lead times, because these items have the highest risk of stockouts and the highest inventory holding cost. If the demand uncertainty is low, there is less need for risk pooling, as the demand can be easily forecasted and met. If the lead time is short, the replenishment orders can be placed more frequently and adjusted to the actual demand, reducing the need for safety stock and risk pooling2. References: 1 Inventory risk pooling definition - AccountingTools 3 2 Supply Chain Management: Risk pooling - UNB 4
NEW QUESTION # 41
Who is ultimately responsible for ensuring that specific data is protected?
- A. Custodian
- B. System owner
- C. Data controller
- D. Data owner
Answer: D
NEW QUESTION # 42
Typically, rough-cut capacity planning (RCCP) in a job shop environment would review which of the following work centers to determine the ability to execute the plan?
- A. Final assembly work centers only
- B. Critical work centers only
- C. Gateway work centers only
- D. All work centers
Answer: B
Explanation:
Rough-cut capacity planning (RCCP) is a technique that evaluates the feasibility of a master production schedule (MPS) by comparing the available capacity of key resources with the required capacity of the MPS.
In a job shop environment, where products are made to order and have high variety and low volume, RCCP would typically review only the critical work centers to determine the ability to execute the plan. Critical work centers are those that have the greatest impact on the throughput, lead time, or cost of the products. They are usually the work centers that have the highest utilization, longest setup times, or most frequent bottlenecks. By focusing on the critical work centers, RCCP can simplify the capacity planning process and identify the potential problems or constraints that may affect the MPS. The other options, gateway work centers, final assembly work centers, and all work centers, are not as effective as critical work centers for RCCP in a job shop environment, as they may not reflect the true capacity requirements or constraints of the products. References:
* Rough Cut Capacity Planning (RCCP) - Definition, Example, and Benefits
* Rough Cut Capacity Planning (RCCP) - Meaning, Objectives, and Advantages
* Rough Cut Capacity Planning (RCCP) - Overview, Steps, and Example
NEW QUESTION # 43
An organization has a requirement that all documents must be auditable and that the original is never modified once created. When designing the system, what security model MUST be implemented in order to meet this requirement?
- A. Clark-Wilson
- B. Bell-LaPadula
- C. Biba Integrity
- D. Brewer-Nash
Answer: A
NEW QUESTION # 44
While conducting penetration testing, one of the testers noticed evidence of additional penetration activities not part of the test. Which of the following is the NEXT course of action for the lead penetration tester?
- A. Stop testing and report the event.
- B. Continue testing and report the event at the end of the day.
- C. Complete the test and report the event at the end of the test.
- D. Stop testing and monitor activity.
Answer: A
NEW QUESTION # 45
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