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

1. A focused differentiation strategy is best chosen with:

A) a narrow buyer segment and pursuit of a lower cost competitive advantage.
B) a broad cross-section of buyers and pursuit of a lower cost competitive advantage.
C) a narrow buyer segment and pursuit of a unique competitive advantage.
D) a broad cross-section of buyers and pursuit of a unique competitive advantage.

2. Which of the following represents landed costs?

A) Duties levied on imports and exports
B) Purchasing and delivering a purchased product to its final destination
C) Supplier absorbing freight charges
D) Combining smaller shipments to take advantage of bulk efficiencies

3. A life cycle assessment (LCA) would be used to determine:

A) if risk pooling would reduce inventory investment.
B) how an item should be scheduled.
C) the length of a long-term agreement.
D) environmental aspects and impacts.

4. The master production schedule (MPS) and final assembly schedule (FAS) are most closely linked in which production strategy?

A) Make-to-order (MTQ)
B) Make-to-stock (MTS)
C) Engineer-to-order (ETO)
D) Assemble-to-order (ATO)

5. Ergonomic workstation design should incorporate:

A) visual systems.
B) bending so as to reduce monotony of work.
C) an andon board.
D) reduction of repetitive motion.

Solutions: