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APICS Certified in Planning and Inventory Management(Part 2) Sample Questions:

1. In a rapidly changing business environment, a primary advantage of an effective customer relationship management (CRM) program is:

A) fewer customer defections.
B) fewer customer order changes.
C) reduced forecast variability.
D) earlier identification of shifts in customer preferences.

2. Which of the following conditions is required for an effective single-sourcing relationship?

A) Demand for the customer's products must be stable.
B) The organizations must be mutually dependent.
C) The supplier must offer the lowest price per unit.
D) The organizations must be located close to each other.

3. Compared to traditional supplier relationships, a more strategic view of supplier relationships would require:

A) maintaining communication based on trust.
B) implementing concurrent engineering.
C) offering the supplier more business.
D) adopting electronic data interchange (EDI).

4. What is the shortest manufacturing lead time required for 10 units of Item A assuming that it must complete Operations10,20, and 30 in a work cell, and these operations require no set up time"?

A) 12 hours
B) 13 hours
C) 30 hours
D) 10 hours

5. Providing a realistic basis for setting internal performance targets can be accomplished through:

A) beta testing.
B) breakthrough innovation.
C) best practices.
D) benchmarking.

Solutions: