CPIM-MPR Online Practice Questions and Answers

Some of the characteristics customers expect when they buy products are all of the following EXCEPT:

A. A fair price with higher quality products and services

B. Delivery lead time

C. Presale services better than after sale services

D. Product and volume flexibility

The information for quantities required in manufacturing, planning and control system will come from all of these EXCEPT:

A. Forecasts and material Requirement plan

B. Customer orders

C. Orders to replace finished-goods inventory

D. Sequence of operations

There is difference between measurement and standards, because:

A. Performance standards set the goal

B. Performance measures say how close you came

C. Performance measures set and measure the goals

D. Standards are for market analysis

An SKU costing $10 is ordered in quantities of 500 units, annual demand is 5200 units, carrying costs are 20%, and the cost of placing an order is $50. Calculate annual inventory carrying cost

A. $500

B. $550

C. $450

D. $400

Demonstrated capacity is:

A. Minimum output

B. Average Output

C. Maximum output

D. None of these

Means to find ways to increase the available hours of the constraint, including more of it is referred to as:

A. Elevate constraint

B. Subordinate constraint

C. Identify constraint

D. All of the above

To order exactly what is needed, no more, no less, this rule is called:

A. lot-for-lot

B. Fixed-order quantity

C. Permanent lot

D. Rigid-order rule

A calculated extra amount of stock carried and is generally used to protect against quantity uncertainty in known as:

A. Safety stock

B. Average stock

C. Secure stock

D. All of the above

What uses standardization parts for flexibility and variety?

A. Manufacturing

B. Modularization

C. Specialization

D. All of the above

Goods or services satisfy the needs and expectations of the user, this refers to:

A. Stability

B. Quality

C. Reliability

D. Maintainability