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Prominent Features of {APICS} APICS CPIM-8.0 Exam Questions

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APICS Certified in Planning and Inventory Management (CPIM 8.0) Sample Questions (Q161-Q166):

NEW QUESTION # 161
What is the HIGHEST security concern on trans-border data?

A. Cyber transactions occur in an ever-changing legal and regulatory landscape without fixed borders.
B. Organizations must follow all laws and regulations related to the use of the Internet.
C. Organizations that are not in highly regulated industries do not have the resources to achieve compliance.
D. Information security practitioners are not Subject Matter Experts (SME) for all legal and compliance requirements.

Answer: A

NEW QUESTION # 162
During the sales and operations planning (S&OP) process, which of the following tasks is the primary responsibility of the functional representatives on the supply planning team?

A. Ensuring that the functional objectives are considered when developing the plans
B. Communicating when an event will prevent meeting the supply plan
C. Identifying reasons why the demand plan is not realistic
D. Understanding how to use the plan to improve functional performance

Answer: A

Explanation:
The supply planning team is responsible for developing a supply plan that balances the demand plan with the available resources and capacities. The functional representatives on the supply planning team, such as production, procurement, engineering, and finance, need to ensure that their functional objectives are considered when developing the plans. For example, production needs to consider the impact of the supply plan on the production schedule, capacity utilization, and labor requirements. Procurement needs to consider the impact of the supply plan on the supplier relationships, lead times, and inventory levels. Engineering needs to consider the impact of the supply plan on the product design, quality, and innovation. Finance needs to consider the impact of the supply plan on the costs, revenues, and profitability. By ensuring that the functional objectives are considered, the supply planning team can create a feasible and optimal supply plan that aligns with the overall business strategy12. References: 1 S&OP: A Comprehensive Overview of Sales and Operations Planning 3 2 CPIM Exam References - Association for Supply Chain Management 1

NEW QUESTION # 163
What is the BEST item to consider when designing security for information systems?

A. The security requirements of the board
B. The comprehensive level of assurance required
C. The jurisdiction of the information system
D. The Disaster Recovery Plan (DRP)

Answer: B

NEW QUESTION # 164
A part is sold as a service part, and It is also used as a component In another part. Which of the following statements about the planning for this part is true?

A. The material requirements for the part will be understated.
B. Its low-level code is zero.
C. It shouldn't have any safety stock.
D. The service part demand can be included In the gross requirements.

Answer: D

Explanation:
The service part demand can be included in the gross requirements for the part. Gross requirements are the total demand for an item derived from all sources, such as customer orders, dependent demand, forecast, or safety stock. Service part demand is the demand for an item that is used to replace or repair a product after it has been sold to the customer. Service part demand is independent of the production of other items, and it can be forecasted based on historical data, warranty information, or customer contracts. Service part demand can be added to the gross requirements for the part, along with the dependent demand from the other part that uses it as a component.
Option A is not correct, because the low-level code of the part is not zero. Low-level code is the lowest level in the bill of material (BOM) at which an item appears as a component. An item that is not a component of any other item has a low-level code of zero. An item that is a component of another item has a low-level code equal to one plus the low-level code of the parent item. In this case, the part is a component of another part, so its low-level code is at least one.
Option B is not correct, because the material requirements for the part will not be understated. Material requirements are the net requirements for an item after deducting the available inventory and scheduled receipts from the gross requirements. If the service part demand is included in the gross requirements, the material requirements will reflect the true demand for the part. If the service part demand is not included, the material requirements will be understated, and the part may face stockouts or backorders.
Option D is not correct, because the part should have some safety stock. Safety stock is the extra inventory held to protect against uncertainties in demand, supply, or lead time. Safety stock can help reduce the risk of stockouts, improve customer service, and buffer against variability. The part should have some safety stock to account for the fluctuations in the service part demand, which may depend on factors such as product failure rate, customer behavior, or environmental conditions.

NEW QUESTION # 165
Which of the following methods would be appropriate for forecasting the demand for a product family when there is a significant trend and seasonality in the demand history?

A. Time series decomposition
B. Econometric models
C. Computer simulation
D. Weighted moving average

Answer: A

Explanation:
Time series decomposition is a method that breaks down a time series of historical demand data into its components: trend, seasonality, cyclical, and random. It is appropriate for forecasting the demand for a product family when there is a significant trend and seasonality in the demand history, as it can isolate and estimate these components and project them into the future. Time series decomposition can also handle cyclical and random variations in demand, and it can be applied to different time intervals (such as monthly, quarterly, or yearly). The other methods are not suitable for this scenario. Econometric models are complex mathematical models that use regression analysis to relate demand to various explanatory variables, such as price, income, or advertising. They are not designed to capture trend and seasonality in demand. Computer simulation is a technique that uses a computer program to mimic the behavior of a real system under different scenarios and assumptions. It is not a forecasting method per se, but rather a tool for testing and evaluating different forecasting methods or policies. Weighted moving average is a simple method that uses the average of the most recent observations as the forecast for the next period, with more weight given to the recent observations than the older ones. It is not able to capture trend and seasonality in demand, as it assumes that demand is stable and does not change over time. References: Time Series Decomposition | APICS Dictionary Term of the Day, APICS CPIM 8 Planning and Inventory Management | ASCM

NEW QUESTION # 166
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