APICS CPIM-MPR Exam Questions Instant Access

Question 1

When quantitative data are being evaluated, a very small bias in a forecast can best be explained by which of the following statements?

APositive forecast errors approximately offset negative forecast errors.

BThe absolute values of all forecast errors were approximately equal.

CThe variability of forecast data was skewed.

DA very small alpha factor was used.

Answer : A

Question 2

If actual production for an item is less than the master production schedule due to material shortages, the first step in resolving the problem should be to:

Areschedule the past due orders.

Bmove in the time fence.

Crevise the rough-cut capacity plan.

Doverstate the production plan.

Answer : A

Question 3

Which of the following criteria is used to determine safety stock in a distribution center?

AEconomic order quantity

BSeasonal index value

CAlpha factor level

DProbability of stocking out

Answer : D

Question 4

Which of the following criteria is the most meaningful measure when evaluating the effectiveness of distribution systems in fulfilling customer needs?

AOrder-fill rate

BCash-to-cash cycle time

CPerformance to budget

DThe level of inventory

Answer : A

Question 5

The question below is based on the following information:

A company has chosen to execute a level production plan. What is the production rate per period?

A108

B110

C112

D125

Answer : A

Question 6

Which of the following inputs is important to forecasts used in the sales and operations planning process?

ACapacity constraints

BCustomer plans

CInventory levels

DSales quotas

Answer : B

Question 7

Which of the following activities would enhance a customer relationship management program?

AUsing an exponential smoothing forecast

BCollecting point-of-sale data

CImplementing an enterprise resources planning system

DMoving from a make-to-order strategy to a make-to-stock strategy

Answer : B

APICS Certified in Production and Inventory Management - Master Planning of Resources CPIM-MPR Exam Questions