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CPIM Module 3 H. Questions and Answers Fully Solved

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Exam of 2 pages for the course CPIM - Certified in Production & Inventory Management at CPIM - Certified in Production & Inventory Management (CPIM Module 3 H.)

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CPIM Module 3 H

A company custom-designs, manufactures, and constructs offshore oil drilling platforms.
Production processes include fabrication of structural steel, loading on barges, and final
assembly of the platforms near the drilling site. Which of the following techniques would
the company's production planning and control function be most likely to use?
Minimum order quantity replenishment
Program evaluation and review technique (PERT)
Kanban
Capacity requirements planning (CRP) - answer Program evaluation and review
technique (PERT)

What is the best way to monitor a project's time and activities?
With a spreadsheet maintained by the project manager
With an online system
With a method that is simple and easy for everyone to use
With enterprise resources planning - answer With a method that is simple and easy for
everyone to use

Which of the following project documents describes the purpose, history, deliverables,
and measurable success indicators for a project?
Work breakdown structure
Scope statement
Statement of work
Milestone schedule - answerStatement of work

What is an important element of keeping project team members engaged and on track?
Continual updating of project cost projections
Inviting top management to project meetings
Ability to build flextime into the schedule
Developing team member project skills - answerDeveloping team member project skills

Most organizations build a scorecard using key performance indicators (KPIs) to track
and share information on transportation performance. What are some of these KPIs?
On-time delivery, delivery consistency, cost of service
Delivery consistency, cost of service, units per transaction
On-time delivery, delivery consistency, backorder rate
Inventory turnover, delivery consistency, backorder rate - answerOn-time delivery,
delivery consistency, cost of service

An information system implementation project is six months behind schedule because
many people involved with the project are working on a serious problem with product

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