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CPIM-8.0 APICS Certified in Production and Inventory Management

  • APICS
  • 5 free sample questions

About this exam

CPIM-8.0 is the APICS exam APICS Certified in Production and Inventory Management. Paid practice material for this exam is not available yet, but you can try its free sample questions.

Exam code
CPIM-8.0
Vendor
APICS
Practice questions
Not available yet
Free sample questions
5
Question bank last updated
Not available yet

Try 2 sample questions

Taken from the free sample set for CPIM-8.0.

Question 1

If all other factors remain the same, when finished goods inventory investment is increased, service levels typically will: 

  1. Option A:
    remain the same.
  2. Option B:
    increase in direct (linear) proportion.
  3. Option C:
    increase at a decreasing rate.
  4. Option D:
    increase at an increasing rate.
Show answer and explanation

Correct answer: C

Increasing finished goods inventory investment will improve service levels by reducing the probability of stockouts. However, the relationship between inventory and service level is not linear, but rather asymptotic. This means that as inventory increases, service level increases at a decreasing rate, approaching a maximum value. Therefore, option C is correct. Option A is incorrect because service level will not remain the same when inventory changes. Option B is incorrect because service level will not increase in direct proportion to inventory. Option D is incorrect because service level will not increase at an increasing rate as inventory increases. Reference: CPIM Part 2 Exam Content Manual, Version 8.0, Section A: Demand Management, Subsection A.3: Demand Management and Customer Service, p. 10. 

Question 2

Given the following data, calculate the appropriate takt time:  

MetricValue
Production weeks per year48 weeks
Available production time per day10 hours
Average daily demand2,400 units
Average crew size2 employees

  1. Option A:
    0.25 minutes
  2. Option B:
    1 minute
  3. Option C:
    2 minutes
  4. Option D:
    4 minutes 
Show answer and explanation

Correct answer: B

Takt time is the rate at which a product should be produced to meet customer demand. It is calculated by dividing the available production time by the customer demand. In this case, the available production time is 10 hours per day, and the customer demand is 2,400 units per day. Converting 10 hours to minutes gives us 600 minutes of production time per day. So, takt time = 600 minutes / 2400 units = 0.25 minutes per unit. However, this is not one of the answer choices, so we need to look for more information or context.
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