APICS CPIM-BSP CPIM - Basics of Supply Chain Management Total Version: 1.0 Practice Exams

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QUESTION NO: 1 The overall objective of an integrated supply chain can best be described as the achievement of: *

1 point

A. decreased lead time.

B. increased supplier partnerships.

C. an efficient flow of materials and information.

D. an efficient flow of production.

QUESTION NO: 2 A company's cost of goods sold would be found on which of the following financial documents? *

1 point

A. Balance sheet

B. Income statement

C. Cash flow statement

D. Performance statement

QUESTION NO: 3 In an assemble-to-order production environment, the master production schedule contains: *

1 point

A. standard items.

B. finisheditems.

C.raw materials.

D. subassemblies.

QUESTION NO: 4 Which of the following manufacturing systems involves the creation of one unit or a small number of units? *

1 point

A. Flow manufacturing

B. Intermittent manufacturing

C. Project manufacturing

D. Continuous manufacturing

QUESTION NO: 5 After a quality improvement program has been successfully implemented, the greatest cost of controlling quality typically is the cost of: *

1 point

A. failure.

B. appraisal.

C. prevention.

D. inspection.

QUESTION NO: 6 In the income statement, the cost of goods sold is related to the: *

1 point

A. sales dollars.

B. total inventory dollars.

C. marketing expenses.

D. manufacturing expenses.

QUESTION NO: 7 Manufacturing overhead includes which of the following types of costs? *

1 point

A. Interest expense

B. Supervision

C. Direct labor

D. Direct material

QUESTION NO: 8 The question below is based on the following cost information: What is the carrying cost? *

1 point

A. 14%

B. 16%

C. 20%

D. 25%

QUESTION NO: 9 Which of the following concepts could a firm implement to reduce defects? *

1 point

A. Hansei

B. Jidoka

C. Muri

D. Heijunka

QUESTION NO: 10 Inventory turns is an appropriate performance measure for which of the following functions? *

1 point

A. Material control

B. Activity-based costing control

C. Total quality management

D. Flexible manufacturing

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