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Newest Latest CPIM-8.0 Study Materials - Pass CPIM-8.0 Exam

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APICS CPIM-8.0 Exam Syllabus Topics:

Topic
Details

Topic 1

Detailed Schedules: This section assesses the skills of Production Planners by focusing on detailed scheduling processes for production or service delivery environments. It includes methods like PAC (Programmable Automation Controller) scheduling techniques to manage detailed production timelines efficiently across different materials required for manufacturing or service delivery processes.

Topic 2

Quality, Technology, and Continuous Improvement: This section assesses skills of Quality Assurance Specialists, focusing on quality assurance methodologies enhanced by technology to drive continuous improvement efforts. A key skill measured here is "enhancing quality metrics."

Topic 3

Supply Chains and Strategy: This section of the exam measures the skills of Supply Chain Managers and covers various aspects related to supply chains, including their interaction with the environment and strategic objectives. It delves into developing organizational strategies, functional strategies, performance monitoring using KPIs, risk management, capital equipment management, and sustainability strategies. A key skill assessed here is "analyzing market trends."

Topic 4

Demand: This section evaluates the abilities of Demand Analysts in managing demand through forecasting techniques. It explores sources of demand data for accurate forecasting and evaluating forecast performance to improve future predictions. One important skill evaluated is "forecasting demand accurately."

Topic 5

Supply: This module tests the competencies of Procurement Specialists in managing supply chains effectively. It involves creating master schedules for production planning, maintaining these schedules over time, material requirements planning (MRP), capacity requirements planning (CRP), supplier management practices, and purchasing strategies during product life cycle changes. A key skill measured here is "validating master schedules."

Topic 6

Sales and Operations Planning: This module assesses the skills of Operations Planners in terms of sales and operations planning processes. It includes understanding the purpose of S&OP, creating aggregate demand plans, and reconciling these plans to ensure alignment between sales forecasts and operational capabilities. A crucial skill measured is "reconciling supply-demand gaps."

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Quiz APICS - Trustable CPIM-8.0 - Latest Certified in Planning and Inventory Management (CPIM 8.0) Study Materials

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APICS Certified in Planning and Inventory Management (CPIM 8.0) Sample Questions (Q434-Q439):

NEW QUESTION # 434
An organization suffered a loss to an asset at a frequency that was different than the initially estimated Annualized Rate of Occurrence (ARO). What is the appropriate course of action?

A. Recalculate the cost of the countermeasure.
B. Recalculate the value of the safeguard.
C. DO nothing; the loss validates the exposure factor.
D. Do nothing; the loss validates the ARO.

Answer: A

NEW QUESTION # 435
Risk pooling would work best for items with:

A. low demand uncertainty and short lead times.
B. low demand uncertainty and long lead times.
C. high demand uncertainty and short lead times.
D. high demand uncertainty and long lead times.

Answer: D

Explanation:
Risk pooling is the concept of reducing the variability in demand for raw materials or finished goods by aggregating demand across multiple locations or products1. By doing so, the demand fluctuations are more likely to cancel out each other, resulting in a lower safety stock and inventory cost. Risk pooling works best for items with high demand uncertainty and long lead times, because these items have the highest risk of stockouts and the highest inventory holding cost. If the demand uncertainty is low, there is less need for risk pooling, as the demand can be easily forecasted and met. If the lead time is short, the replenishment orders can be placed more frequently and adjusted to the actual demand, reducing the need for safety stock and risk pooling2. References: 1 Inventory risk pooling definition - AccountingTools 3 2 Supply Chain Management:
Risk pooling - UNB 4

NEW QUESTION # 436
Which of the following items does the master scheduler have the authority to change in the master scheduling process?

A. Aggregate volume
B. Engineering change effectivity date
C. Product mix
D. Customer order quantities

Answer: C

Explanation:
The master scheduler has the authority to change the product mix in the master scheduling process. The product mix is the combination and proportion of different products or product families that the company offers to its customers. The master scheduler can adjust the product mix based on the customer demand, the production capacity, the inventory levels, and the strategic objectives of the company. The master scheduler can also use the product mix to balance the demand and supply, to optimize the resource utilization, and to maximize the profitability. The other options are not correct, as they are items that the master scheduler does not have the authority to change in the master scheduling process, but rather inputs or constraints that the master scheduler has to follow or consider:
* Aggregate volume is the total quantity of products or product families that the company plans to produce and deliver in a given period. Aggregate volume is determined by the sales and operations planning (S&OP) process, which involves the senior management and the functional managers of the company. The master scheduler has to align the master production schedule (MPS) with the aggregate volume, and cannot change it without the approval of the S&OP team.
* Engineering change effectivity date is the date when a change in the design or specification of a product or a component becomes effective. Engineering change effectivity date is determined by the engineering department, which is responsible for the product development and innovation. The master scheduler has to incorporate the engineering change effectivity date into the MPS, and cannot change it without the approval of the engineering department.
* Customer order quantities are the amounts of products or product families that the customers order from the company. Customer order quantities are determined by the market demand and the customer preferences. The master scheduler has to satisfy the customer order quantities as much as possible, and cannot change them without the approval of the customers or the sales and marketing department. References:
* [CPIM Part 2 - Section A - Topic 1 - Sales and Operations Planning]
* Master Production Schedule (MPS)
* Product Mix
* Aggregate Planning
* Engineering Change Management
* Customer Order Management

NEW QUESTION # 437
What BEST describes the end goal of a Disaster Recovery (DR) program?

A. Prevent business interruption.
B. Continue business operations during a contingency.
C. Review the status of mission-critical applications.
D. Restore normal business operations.

Answer: D

NEW QUESTION # 438
Which of the following is the MOST effective practice for tracking organizational assets when removed from the premises?

A. Removal is authorized using a formal sign-out process.
B. Removal is authorized if the asset has been disposed of.
C. Removal is authorized when remote use is required for business.
D. Removal is authorized directly by executive management.

Answer: A

NEW QUESTION # 439
......

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