CPIM Part 2 Final Study Guide questions and
answers with solutions
Distribution requirements planning (DRP) provides transportation
planners with:
Answers
locations for scheduling deliveries.
backhauling information.
load optimization information.
current and future shipping requirements. - ANSWER Rationale
DRP can convert the schedule of planned orders into transportation data
elements such as weight, volume, and number of pallets.
current and future shipping requirements.
Which is a decision at the operations strategy level related to planning
and controlling the delivery of products and services?
Answers
Should the operation develop its products or services in house or
outsource the design?
What should be the size of the workforce and how much subcontracting
should be used?
,How should operations adjust its activity levels in response to demand
fluctuations?
What aggregate levels of inventory should be maintained? - ANSWER
Rationale
Operational strategies address detailed day-to-day planning. The
adjustment of activity levels is one example of an operational decision
related to planning and controlling the delivery of products and services.
The other answer choices either relate to other areas of the operational
plan or are tactical (more long-term) decisions.
How should operations adjust its activity levels in response to demand
fluctuations?
Which helps set boundaries around the type of work the company will
pursue and indicates what is out of scope?
Answers
Project scope statement
Vision
Core values
Mission - ANSWER Rationale
The APICS Dictionary, 16th edition, defines mission as "the overall
goal(s) for an organization set within the parameters of the business
scope."
Mission
,What can happen when management fails to articulate a concise
operational strategy that is aligned with overall corporate strategy?
Answers
Departmental "specialists" will tend to optimize their own areas of
control without consideration for the rest of the organization.
Enterprise resources planning (ERP) system accuracy will continue to be
reliable because employee training is part of ERP system startup.
Company-wide solutions will become a viable substitute for the weak
operational strategy.
IT security will likely fall victim to corporate espionage. - ANSWER
Rationale
In the absence of a more explicit operations strategy, specialists in areas
such as inventory control or process technology will tend to develop
their own "systems" protecting their own organizational positions.
Departmental "specialists" will tend to optimize their own areas of
control without consideration for the rest of the organization.
What is the primary purpose of a core values statement?
Answers
Emphasizes to shareholders the organization's commitment to ethical
behavior
Enhances recruitment of the right kind of employees
Provides ethical and business guidepost to organization members
Satisfies the needs of legal and regulatory stakeholders - ANSWER
Rationale
, While a core values statement can support recruitment, its primary
function is for the existing members of the organization. It helps guide
future business and ethical decisions.
Provides ethical and business guidepost to organization members
Strategies that lack stability over time and employee acceptance are the
result of an organization not having which of the following?
Answers
Mission and vision
Differentiation strategies
Dependability and flexibility
Big opportunities and eight accelerators - ANSWER Rationale
A business's mission, vision, and core values create a foundation for the
organization's strategy by unifying leaders and employees behind a
shared vision of the organization's principles and future. Without this
foundation, strategies can lack stability over time and broad acceptance
by executives, managers, and employees.
Mission and vision
Which quantitative forecasting technique applies past patterns of
demand data covering introduction, growth, maturity, saturation, and
decline of similar products to a new product family?
Answers
Concurrent forecasting
answers with solutions
Distribution requirements planning (DRP) provides transportation
planners with:
Answers
locations for scheduling deliveries.
backhauling information.
load optimization information.
current and future shipping requirements. - ANSWER Rationale
DRP can convert the schedule of planned orders into transportation data
elements such as weight, volume, and number of pallets.
current and future shipping requirements.
Which is a decision at the operations strategy level related to planning
and controlling the delivery of products and services?
Answers
Should the operation develop its products or services in house or
outsource the design?
What should be the size of the workforce and how much subcontracting
should be used?
,How should operations adjust its activity levels in response to demand
fluctuations?
What aggregate levels of inventory should be maintained? - ANSWER
Rationale
Operational strategies address detailed day-to-day planning. The
adjustment of activity levels is one example of an operational decision
related to planning and controlling the delivery of products and services.
The other answer choices either relate to other areas of the operational
plan or are tactical (more long-term) decisions.
How should operations adjust its activity levels in response to demand
fluctuations?
Which helps set boundaries around the type of work the company will
pursue and indicates what is out of scope?
Answers
Project scope statement
Vision
Core values
Mission - ANSWER Rationale
The APICS Dictionary, 16th edition, defines mission as "the overall
goal(s) for an organization set within the parameters of the business
scope."
Mission
,What can happen when management fails to articulate a concise
operational strategy that is aligned with overall corporate strategy?
Answers
Departmental "specialists" will tend to optimize their own areas of
control without consideration for the rest of the organization.
Enterprise resources planning (ERP) system accuracy will continue to be
reliable because employee training is part of ERP system startup.
Company-wide solutions will become a viable substitute for the weak
operational strategy.
IT security will likely fall victim to corporate espionage. - ANSWER
Rationale
In the absence of a more explicit operations strategy, specialists in areas
such as inventory control or process technology will tend to develop
their own "systems" protecting their own organizational positions.
Departmental "specialists" will tend to optimize their own areas of
control without consideration for the rest of the organization.
What is the primary purpose of a core values statement?
Answers
Emphasizes to shareholders the organization's commitment to ethical
behavior
Enhances recruitment of the right kind of employees
Provides ethical and business guidepost to organization members
Satisfies the needs of legal and regulatory stakeholders - ANSWER
Rationale
, While a core values statement can support recruitment, its primary
function is for the existing members of the organization. It helps guide
future business and ethical decisions.
Provides ethical and business guidepost to organization members
Strategies that lack stability over time and employee acceptance are the
result of an organization not having which of the following?
Answers
Mission and vision
Differentiation strategies
Dependability and flexibility
Big opportunities and eight accelerators - ANSWER Rationale
A business's mission, vision, and core values create a foundation for the
organization's strategy by unifying leaders and employees behind a
shared vision of the organization's principles and future. Without this
foundation, strategies can lack stability over time and broad acceptance
by executives, managers, and employees.
Mission and vision
Which quantitative forecasting technique applies past patterns of
demand data covering introduction, growth, maturity, saturation, and
decline of similar products to a new product family?
Answers
Concurrent forecasting
