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APICS CPIM-8.0 Exam Syllabus Topics:
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APICS Certified in Planning and Inventory Management (CPIM 8.0) Sample Questions (Q301-Q306):
NEW QUESTION # 301
What order BEST reflects the steps when adding threat modeling practices to a Software Development Life Cycle (SDLC)?
- A. Inventory use cases, categorize threats, evaluate business impact
- B. Inventory countermeasures, identify threats, implement mitigations
- C. Understand attack front, identify trust levels, decompose application
- D. Establish monitoring, identify risks, implement countermeasures
Answer: C
NEW QUESTION # 302
We have observed the inventory system does not handle plastic parts well." What should be added to the problem statement to make it more useful?
- A. Measurements that help describe the problem
- B. Guidance to which problem-solving tools should be used
- C. Criteria for selecting the improvement team
- D. Description of who is responsible for the problem
Answer: A
Explanation:
A problem statement is a concise description of an issue to be addressed or a condition to be improved upon. It identifies the gap between the current state and the desired state of a process or a system. A good problem statement should include measurements that help describe the problem, such as the magnitude, frequency, location, and impact of the problem. These measurements can help quantify the problem and provide a baseline for improvement. The other options are not essential for a problem statement, but rather for the subsequent steps of problem-solving, such as selecting tools, forming teams, and assigning responsibilities.
References:
*[CPIM Part 2 - Section B - Topic 1 - Quality and Continuous Improvement]
*How to Write a Problem Statement
NEW QUESTION # 303
A Generic Routing Encapsulation (GRE) tunnel moves data across a third-party Internet Protocol (IP) network. What is the risk of using GRE tunnels?
- A. They do not provide any authentication or encryption protection.
- B. They can be complex to configure.
- C. They are proprietary and incompatible between vendors.
- D. They are unreliable due to high protocol overhead.
Answer: A
NEW QUESTION # 304
A large volume of outbound Transmission Control Protocol (TCP) connections from the same source Internet Protocol (IP) address was observed at a satellite office firewall. Which of the following is the MOST likely explanation?
- A. The command and control server has shut down all but one host.
- B. The network hosts are behind a Network Address Translation (NAT) device.
- C. The malware has shut down all but one host used for command and control.
- D. There is only one managed switch port device on the satellite network.
Answer: B
NEW QUESTION # 305
An advantage of applying ABC classification to a firm's replenishment items is that:
- A. it allows planners to focus on critical products.
- B. it allows the firm to utilize time-phased order point (TPOP).
- C. it distinguishes independent demand from dependent demand.
- D. it provides better order quantities than the economic order quantity (EOQ).
Answer: A
Explanation:
ABC classification is a method of inventory management that categorizes items based on their annual consumption value, which is the product of the annual demand and the unit cost. Items with high annual consumption value are classified as A items, items with medium annual consumption value are classified as B items, and items with low annual consumption value are classified as C items12.
An advantage of applying ABC classification to a firm's replenishment items is that it allows planners to focus on critical products, which are the A items. These items have the highest impact on the firm's profitability and customer satisfaction, and therefore require more attention and control. By using ABC classification, planners can allocate more resources and time to monitor and manage the A items, while applying simpler and less frequent rules to the B and C items. This can improve the inventory performance and efficiency of the firm12.
The other options are not correct because:
*A. it distinguishes independent demand from dependent demand. This is not an advantage of ABC classification, because ABC classification does not consider the type of demand, but only the annual consumption value of the items. Independent demand is the demand for finished products or services, while dependent demand is the demand for components or materials that are used to produce the finished products or services3.
*C. it provides better order quantities than the economic order quantity (EOQ). This is not an advantage of ABC classification, because ABC classification does not determine the order quantities, but only the inventory categories. EOQ is a formula that calculates the optimal order quantity that minimizes the total inventory costs, such as ordering costs and holding costs.
*D. it allows the firm to utilize time-phased order point (TPOP). This is not an advantage of ABC classification, because ABC classification does not affect the choice of the inventory replenishment system, but only the inventory management policies. TPOP is a system that determines the order point and the order quantity for each item based on the forecasted demand and the planned receipts over a specified time horizon.
References := 1 ABC Inventory Analysis & Management | NetSuite1 2 What Is ABC Inventory Classification?
| Business.org2 3 Independent Demand vs Dependent Demand: What's the Difference? Economic Order Quantity (EOQ) - Overview, Formula, and Example Time-Phased Order Point (TPOP) - an overview | ScienceDirect Topics
NEW QUESTION # 306
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