APICS CPIM-MPR Quiz 1 Topic 3 Questions 1-5

Question: 1

The primary outputs of the pre-sales and operations planning (S&OP) meeting are:

Athe recommendations and agenda for the executive S&OP meeting.

Ba statistical forecast and field sales worksheet.

Ca capacity-constraints analysis and second-pass spreadsheets.

Ddecisions about and authorization of the plan.

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Question: 2

In a make-to-stock environment, which of the following factors is a key determinant of inventory levels necessary to support customer demand?

ACapable-to-promise

BAvailable-to-promise

CService costs

DService level

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Question: 3

The most appropriate approach for developing forecasts for strategic business planning is:

Acustomer inputs.

Bquantitative statistical methods.

Ceconomic growth models.

Dcasual analysis.

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Question: 4

A Canadian-based company has a long-term contract with a US-based supplier. The Canadian company has been experiencing short shipments and variations of the supply lead time with the US supplier for a few months. Which of the following is the most appropriate action for the master production scheduler in this situation?

AAsk the purchasing manager to work with the supplier to improve their shipping quantity accuracy and lead time stability.

BAsk the purchasing manager to terminate the contract with this supplier, and look for a better supplier.

CApply safety stock and safety lead time while planning the master production schedule.

DApply safety lead time according to the target service level while planning the master production schedule.

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Question: 5

Which of the following statements about both econometric models and market research is true?

AThey are examples of intrinsic forecasting techniques.

BThey are useful in forecasting at the stockkeeping unit level.

CThey are useful in aggregate planning.

DThey can be used in place of adaptive smoothing.

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APICS CPIM-MPR Quiz:1 Topic:3 Questions:1-5