Latest CPIM-Part-1 Exam Questions and Practice Tests 2025 - Killexams.com
CPIM Part 1 Dumps CPIM Part 1 Braindumps
CPIM Part 1 Real Questions CPIM Part 1 Practice Test CPIM Part 1 Actual Questions
killexams.com
Certified in Production and Inventory Management v.8 Part 1 (ASCM)
https://killexams.com/pass4sure/exam-detail/CPIM-Part-1
of the following forecasting methods would be least suitable for a product that has a highly demand pattern, and why?
usal forecasting, which can incorporate external variables. me series analysis, as it requires a stable pattern for accuracy. gmental forecasting, which relies on expert opinions.
ponential smoothing, as it adapts to recent changes effectively.
company opts to prioritize delivery speed, what type of operational investments would bes this focus without significantly increasing costs?
eamlining logistics and supply chain processes for efficiency. esting heavily in premium raw materials.
reasing workforce size to handle more orders. panding product lines to attract new customers.
Which erratic
Ca
Ti
Jud
Ex
on hist
When a t
support
Str
Inv
Inc
Ex
A company has historically experienced a 10% increase in demand each year. If the current year's forecasted demand is 1,000 units, what will the forecast be for the following year?
A. 900
B. 1,200
C. 1,150
D. 1,100
st_next_year = Current_forecast × (1 + Percentage_increase) st_next_year = 1,000 × (1 + 0.10) = 1,000 × 1.10 = 1,100.
anufacturing environment, a manager is reviewing the demand for a product over the next m tal quantity required is identified as gross requirements. To determine how much of this de tually be fulfilled, which calculation must the manager perform?
culate net requirements
safety stock to gross requirements ust for scheduled receipts
btract current on-hand inventory from gross requirements
Explanation: The forecast for the next year is calculated as: Foreca
Foreca
In a m onth.
The to mand
can ac
Cal
Add
Adj
Su
sched
Which of the following is a common challenge that distributors face when managing inventory in a dynamic market environment?
Maintaining high fill rates
Reducing costs associated with warehousing
Increasing supplier lead times
Predicting changes in customer preferences
ng strategies would best enable it to maintain service levels?
ying solely on overtime to meet peak demand intaining a fixed workforce year-round
veloping flexible capacity options through subcontracting ducing production during off-peak periods
hance delivery performance, organizations often adopt specific metrics. Which of the followi are most critical for monitoring and improving delivery effectiveness? (Select All That Ap
cle time from order to delivery of inventory obsolescence
centage of orders shipped on time
erage customer complaint resolution time
In a scenario where a company faces fluctuating seasonal demand, which of the following capacity planni
Rel
Ma
De
Re
its pro
To en ng
metrics ply)
Cy
Rate
Per
Av
In a supply chain context, what does the term "bullwhip effect" refer to, and why is it a significant concern for companies aiming to align operations with business goals?
The relationship between inventory levels and customer satisfaction
The effect of global competition on local supply chains
The impact of technology on supply chain efficiency
The tendency for demand fluctuations to increase as one moves up the supply chain
ealm of production and inventory management, which of the following measures can be em ance delivery performance while ensuring customer satisfaction? (Select All That Apply)
ducing production run sizes to increase responsiveness esting in automated warehousing systems
plementing strict penalties for late deliveries nitoring customer satisfaction metrics continuously
that customer needs are met effectively.
rganization experiencing high variability in customer demand, the supply chain manager is eveloping a strategy to improve responsiveness. Which approach is most effective in manag mand variability?
Explanation: The bullwhip effect results in amplified demand fluctuations, which can lead to inefficiencies and misalignment with business goals.
In the r ployed
to enh
Re
Inv
Im
Mo
enhan trics
ensures
In an o tasked
with d ing
this de
Implementing a Just-In-Time (JIT) strategy
Increasing safety stock levels across the board
Using a hybrid strategy that combines forecasting and responsive supply
Relying solely on historical data for future demand
In a scenario where a customer orders a product that is currently out of stock, which supply chain component is responsible for determining the best course of action to fulfill the order?
Supplier
Distributor
nufacturer
of the following statements about safety stock in inventory management is true, particularly to demand variability and service level requirements?
ety stock is unnecessary if demand is steady and predictable.
ety stock levels should be decreased as service level requirements increase.
ety stock can serve as a buffer against demand variability and lead time fluctuations. ety stock levels are fixed and should not change over time.
Customer service team
Ma
includ
Which in
relation
Saf
Saf
Saf
Saf
to mai
A company is planning to introduce a new product line and is updating its MRP system. What key input must be defined to ensure accurate planning?
Bill of Materials (BOM) for the new product
Supplier lead times for materials
Historical sales data for similar products
Employee availability
pply chain environment, what is the key advantage of utilizing technology for real-time data among suppliers, manufacturers, and distributors?
reased complexity in data management
her costs associated with technology implementation hanced visibility leading to quicker decision-making duced need for communication between parties
pany’s average lead time is 5 weeks, and it anticipates a weekly demand of 120 units. If the ny desires a service level of 98%, what is the safety stock if the standard deviation of deman lead time is 25 units?
units
Question: 559
In a su sharing
Inc
Hig
En
Re
more i
A com
compa d
during
651
455 units
320 units
390 units
Total_lead_time_demand = 120 × 5 = 600 units, total inventory = 600 + 51.5 = 651.5 units.
A company has a total annual demand of 12,000 units and an average lead time of 4 weeks. If the company operates 52 weeks a year, what is the average weekly demand?
250 units
230 units
units
mpany is looking to streamline its supply chain by minimizing the number of suppliers, whi lowing risks might they face?
reased flexibility in sourcing materials hanced innovation through collaboration duced negotiation power with suppliers
gher dependency on fewer suppliers leading to potential disruptions
300 units
400
appro
If a co ch of
the fol
Inc
En
Re
Hi
lead to
In an effort to enhance capacity control, a manager decides to implement a new scheduling software. What should be the primary consideration when selecting this software?
The cost of the software compared to competitors
The recommendations from other departments
The number of features available regardless of relevance
The ability of the software to integrate with existing systems
of the following statements regarding the impact of lead times on customer order fulfillment te, particularly in the context of just-in-time (JIT) inventory practices?
nger lead times are preferable in JIT systems to ensure product availability.
practices require minimizing lead times to enhance responsiveness to customer demands. d times have no significant effect on JIT inventory strategies.
eliminates the need for lead time management.
pany is planning to launch a new product and needs to develop an accurate demand forecast combination of methods should they use to maximize forecast reliability for this new produ
ely quantitative methods
alitative methods paired with market research
Question: 564
Which is
accura
Lo
JIT
Lea
JIT
deman
A com .
Which ct?
Sol
Qu
A combination of qualitative and quantitative forecasting methods
Historical sales data from similar products