CPIM Software Trivia Quiz
Do you want to be certified in production and inventory management, there are lists of software that can help you prepare for your CPIM Certification. Supply chain management is an integral part of any company, and we've put together a quiz to help test and practice your knowledge in production and inventory management.
- 1.
What is the disadvantage of the push system?- A.
It makes stocking decisions centrally
- B.
Inventory is sent where it is most needed
- C.
The coordination is more expensive than the pull system
- D.
Inventory is not sent where needed most
- 2.
_____ best describes the basics for establishing standard cost for the next year?
- A.
Capacity based cost
- B.
Purchase cost
- C.
Rate based cost
- D.
Budgeted cost
- 3.
Which of the following processes identifies when the quality of the process is beginning to trend away from specification?
- A.
Statistical process control
- B.
Regulated checking process
- C.
Periodic checking control
- D.
Statistical checking process
- 4.
Demand calculated from present demand is known as
- A.
Independent demand
- B.
For seen demand
- C.
Forecasted demand
- D.
Dependent demand
- 5.
How do you calculate the month moving average
- A.
Taking the forecasted demand for the last three months and dividing by two
- B.
Taking the forecasted demand for the last three months and dividing by three
- C.
Taking the actual demand for the last three months and dividing by three
- D.
Taking the actual demand for the last two months and dividing by two
- 6.
What is throughput
- A.
The total capacity a factory can produced
- B.
The speed of a work center
- C.
The total volume of production passing through a facility
- D.
The number of workers in a company
- 7.
_____ must be eliminated in order to increase the throughput
- A.
Speed
- B.
Capacity
- C.
Volume
- D.
Bottlenecks
- 8.
_____ is a primary reason for reduced overall manufacturing lead time
- A.
Machine maintenance
- B.
Labour contribution
- C.
Operation overlapping
- D.
Cost of purchased equipment
- 9.
In which of the following are fixed locations usually used
- A.
Small warehouse, low throughput
- B.
Big warehouse, low throughput
- C.
Small warehouse, high throughput
- D.
Big warehouse, high throughput
- 10.
Calculate the cost of producing one School bag given the following annual costs: Department salaries............$300,000 Number of staff.................................7 Number of orders in a year......10,000 Operating Expenses...............$30,000
- A.
$33
- B.
$50
- C.
$15
- D.
$100
Questions: 15 | Attempts: 37721 | Last updated: Mar 22, 2022
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