APICS CPIM Part 1 Section A
Which of the following is a planned series of actions or operations that advances a
material or procedure from one stage of completion to another?
A. Work-In-Process (WIP)
B. Task.
C. Process.
D. Project. - answerC. process
A process is a planned series of actions or operations (e.g., mechanical, electrical,
chemical, inspection, test) that advances a material or procedure from one stage of
completion to another.
Which of the following entities or conditions impacts demand by providing expectations
that products will be sold at a fair price, that higher quality is required, that delivery lead
time is negligible, that before- and after-sales service is available, and that products and
their volumes are flexible?
A. Sales & marketing.
B. Competition.
C. Customs.
D. Customers. - answerD. Customers
Both consumers and industrial customers have become much more demanding, and
suppliers have responded by improving the range of characteristics they offer. Some of
the characteristics and selections customers expect in the products and services they
buy are a fair price, higher-quality products and services, better delivery lead time,
better pre- and after-sales service, and product and volume flexibility.
A statement of long-range strategy and revenue, cost, and profit objectives usually
accompanied by budgets, a projected balance sheet, and a cash flow is called a:
A. Hoshin plan.
B. Strategic plan.
, C. Resource plan.
D. Business plan. - answerD. Business plan.
A business plan is a statement of long-term strategy and revenue, cost, and profit
objectives usually accompanied by budgets, a projected balance sheet, and a cash flow
statement.
The competitive characteristics that a firm must exhibit to be a viable competitor in the
marketplace are known as:
A. Customer preferences.
B. Competitive advantage.
C. Order winners.
D. Order qualifiers. - answerD. Order qualifiers.
Order qualifiers are competitive characteristics that are required for a firm to be a viable
competitor in the marketplace.
Which of the following entities or conditions impacts customer demand through
regulations in areas such as safety, liability, taxes, or the environment?
A. Economy
B. Quality
C. Competition
D. Government - answerD. Government
Governments establish regulations that can greatly impact market demand for products
due to a number of resulting factors.
Which of the following is an advantage of simultaneous engineering?
A. Multiple designers work on the design at the same time, producing multiple options to
consider.
B. The product design is a success even if a profit cannot be made.
C. The process requires fewer resources and lowers the cost of design.
Which of the following is a planned series of actions or operations that advances a
material or procedure from one stage of completion to another?
A. Work-In-Process (WIP)
B. Task.
C. Process.
D. Project. - answerC. process
A process is a planned series of actions or operations (e.g., mechanical, electrical,
chemical, inspection, test) that advances a material or procedure from one stage of
completion to another.
Which of the following entities or conditions impacts demand by providing expectations
that products will be sold at a fair price, that higher quality is required, that delivery lead
time is negligible, that before- and after-sales service is available, and that products and
their volumes are flexible?
A. Sales & marketing.
B. Competition.
C. Customs.
D. Customers. - answerD. Customers
Both consumers and industrial customers have become much more demanding, and
suppliers have responded by improving the range of characteristics they offer. Some of
the characteristics and selections customers expect in the products and services they
buy are a fair price, higher-quality products and services, better delivery lead time,
better pre- and after-sales service, and product and volume flexibility.
A statement of long-range strategy and revenue, cost, and profit objectives usually
accompanied by budgets, a projected balance sheet, and a cash flow is called a:
A. Hoshin plan.
B. Strategic plan.
, C. Resource plan.
D. Business plan. - answerD. Business plan.
A business plan is a statement of long-term strategy and revenue, cost, and profit
objectives usually accompanied by budgets, a projected balance sheet, and a cash flow
statement.
The competitive characteristics that a firm must exhibit to be a viable competitor in the
marketplace are known as:
A. Customer preferences.
B. Competitive advantage.
C. Order winners.
D. Order qualifiers. - answerD. Order qualifiers.
Order qualifiers are competitive characteristics that are required for a firm to be a viable
competitor in the marketplace.
Which of the following entities or conditions impacts customer demand through
regulations in areas such as safety, liability, taxes, or the environment?
A. Economy
B. Quality
C. Competition
D. Government - answerD. Government
Governments establish regulations that can greatly impact market demand for products
due to a number of resulting factors.
Which of the following is an advantage of simultaneous engineering?
A. Multiple designers work on the design at the same time, producing multiple options to
consider.
B. The product design is a success even if a profit cannot be made.
C. The process requires fewer resources and lowers the cost of design.
