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APICS Certified in Planning and Inventory Management(Part 2) Sample Questions:
1. Which of the following factors may be used to calculate available capacity?
A) Efficiency
B) Load
C) Yield
D) Productivity
2. An analysis was done on a group of parts that showed a missed delivery resulting in lost sales on other product lines manytimes greater than the value of the initial lost sale. As a result, the company launched an initiative to increase the fill rate onthese parts to 100%. Currently, they have raised the fill rate to 99%. As they continue the initiative, what effects are mostlikely expected?
A) Neither operating costs nor service level will increase.
B) Operating costs will increase slower than service level,
C) Operating costs will increase faster than service level.
D) Operating costs and service level will both increase at the same rate.
3. Potential reasons to make instead of buy a product may include:
A) maintain quality, reduce cost, and keep confidential processes within the firm.
B) eliminate risks associated with single sourcing, create intermittent flow, and reduce cost.
C) less capital investment, large volume changes, and reduce cost.
D) maintain core competencies, increase capital expense, and reduce cost.
4. In the supplier selection process, what will be the potential advantages of multiple sourcing?
A) Long relationship and short lead times
B) More supplier options and better product development
C) Lower price and reduced risk
D) Mutual trust and cooperation
5. A balanced scorecard is a performance measurement approach that involves:
A) linking financial and non-financial performance measures to organizational goals.
B) assigning profit responsibility to key managers.
C) obtaining external industry performance measures against the company's key performance indicators (KPIs).
D) balancing supply and demand.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: C | Question # 3 Answer: A | Question # 4 Answer: C | Question # 5 Answer: A |





