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APICS CPIM-8.0 Exam Syllabus Topics:
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CPIM-8.0 Training Kit - Well-Prepared CPIM-8.0 Reliable Exam Online and Correct Certified in Planning and Inventory Management (CPIM 8.0) Exam Preparation
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APICS Certified in Planning and Inventory Management (CPIM 8.0) Sample Questions (Q78-Q83):
NEW QUESTION # 78
An organizational policy requires that any data from organization-issued devices be securely destroyed before disposal. Which method provides the BEST assurance of data destruction?
- A. Reformatting
- B. Incinerating
- C. Erasing
- D. Degaussing
Answer: D
NEW QUESTION # 79
Open Authorized (OAuth) has been chosen as technology to use across applications in the enterprise. Which of the following statements is TRUE about an OAuth token?
- A. Does not specify a time interval
- B. Can be used across multiple sites
- C. Can be used for authentication
- D. Specifies what information can be accessed
Answer: D
NEW QUESTION # 80
Following the setting of an organization's risk appetite by senior management, a risk manager needs to prioritize all identified risks for treatment. Each risk has been scored based on its Annualized Loss Expectancy (ALE). Management has asked for an immediate risk mitigation plan focusing on top risks.
Which is the MOST effective approach for the risk manager to quickly present a proposal to management?
- A. Rank all risks based on ALE and select those that exceed a maximum acceptable threshold derived from the risk appetite.
- B. Rank all risks based on Single-Loss Expectancy (SLE) and select the top 10 risks.
- C. Rank all risks based on ALE and select the top 10 risks.
- D. Rank all risks based on their Single-Loss Expectancy (SLE) and select those that exceed a maximum acceptable threshold derived from the risk appetite.
Answer: A
NEW QUESTION # 81
In a lean environment, the batch-size decision for planning "A" items would be done by:
- A. periodic order quantity.
- B. min-max system.
- C. least total cost.
- D. lot-for-lot (L4L).
Answer: D
Explanation:
In a lean environment, the batch-size decision for planning "A" items would be done by lot-for-lot (L4L). L4L is an inventory management technique that orders exactly the quantity needed to meet the demand for each period. This minimizes the work in process, cycle time, and inventory holding costs. L4L is consistent with the lean principles of reducing batch sizes, eliminating waste, and responding to customer pull. The other options are not suitable for a lean environment, as they either order more than the demand (least total cost, min-max system, periodic order quantity) or incur more setup costs (least total cost, periodic order quantity). Reference:
* [CPIM Part 2 - Section A - Topic 3 - Lean and Just-in-Time]
* Optimize Production Batch Sizes
* How to determine your Lot Size - Part 1
NEW QUESTION # 82
Which of the following methods places a replenishment order when the quantity on hand falls below a predetermined level?
- A. Fixed order quantity
- B. Available-to-promlse (ATP)
- C. Min-max system
- D. Periodic review
Answer: A
Explanation:
Fixed order quantity is a method that places a replenishment order when the quantity on hand falls below a predetermined level, called the reorder point. The reorder point is calculated based on the expected demand during the lead time and the safety stock. The order quantity is fixed and constant, and it is determined by the economic order quantity (EOQ)formula or other criteria. Fixed order quantity is also known as the order point/order quantity (OP/OQ) system or the continuous review system.
Option A is not correct, because min-max system is a method that places a replenishment order when the quantity on hand falls below a minimum level, called the order point. The order quantity is variable and depends on the difference between the maximum level and the current inventory level. Min-max system is also known as the two-bin system or the bin system.
Option C is not correct, because periodic review is a method that places a replenishment order at fixed intervals of time, regardless of the quantity on hand. The order quantity is variable and depends on the difference between the target inventory level and the current inventory level. Periodic review is also known as the fixed order interval (FOI) system or the periodic order quantity (POQ) system.
Option D is not correct, because available-to-promise (ATP) is not a method of inventory replenishment, but a calculation of the uncommitted portion of the current inventory and planned production. ATP is used to promise delivery dates to customers based on the availability of inventory and production capacity.
References:
Inventory Management and Control
Inventory Replenishment Methods
Inventory Replenishment Policies
NEW QUESTION # 83
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