CPIM-MPR Online Practice Questions and Answers

Today production control works in a demanding environment shaped by six major challenges. Which one of the following is not of those challenges?

A. Customer that are never satisfied

B. A supply chain that is large and must be manage

C. A product life cycle that is getting shorter and shorter

D. None of these

For master production schedule planning horizon usually extends from:

A. 3-18 months

B. 6-18 months

C. 9-18 months

D. None of these

Each of the following actions would reduce safety stock levels EXCEPT:

A. Reduce forecast error

B. Increase lead times

C. Reduce the customer service target

D. Adopt a make-to-order strategy

If the efficiency of the work center in the above question is 115%. What is the rated capacity of the work center?

A. 287 Standard hours per week

B. 276 Standard hours per week

C. 279 Standard hours per week

D. None of these

Carrying can be broken down into which of the following three categories?

A. Capital costs, storage costs, risk costs

B. Training costs, storage costs, risk costs

C. Capital costs, ordering costs, risk costs

D. Item costs, transit costs, storage costs

What may vary depending upon the interest rates, the credit rating of the firm, and the opportunities the firm may have for investment?

A. Capital cost

B. Inventory cost

C. Normal cost

D. Item cost

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

The place where goods are stored for long periods and where the prime purpose is to protect goods until they are needed id called

A. General warehouse

B. Distribution warehouse

C. Store house

D. Go-down

To design products for low-cost manufacture requires close coordination between product design and process design, which is called:

A. Product engineering

B. Low-cost engineering

C. Simultaneous engineering

D. Marketplace engineering

A methodology designed to ensure that all the major requirements of the customer are identified and subsequently met or exceed through the resulting product design process is known as:

A. Target Quality Assurance

B. Competitive Quality Evaluation

C. Quality Function Deployment D. Quality iterations