CPIM-8.0: Certified in Planning and Inventory Management (CPIM 8.0)
The Certified in Planning and Inventory Management (CPIM 8.0) certification exam, offered by the Association for Supply Chain Management (ASCM), evaluates a candidate's proficiency in production and inventory management within supply chain operations. Practicing with real exam questions shared by those who have passed the exam can significantly boost your chances of success. In this guide, we provide CPIM-8.0 practice test questions and answers contributed by certified professionals.
Exam Details:
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Exam Name: Certified in Planning and Inventory Management (CPIM 8.0)
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Exam Code: CPIM-8.0
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Exam Format: Multiple-choice questions
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Number of Questions: 150
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Test Duration: 3.5 hours
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Passing Score: 300 (on a scale of 200-350)
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Exam Topics Covered:
- Align the Supply Chain to Support the Business Strategy: Understanding how supply chain operations align with overall business objectives.
- Conduct Sales and Operations Planning (S&OP) to Support Strategy: Implementing S&OP processes to balance supply and demand effectively.
- Plan and Manage Demand: Forecasting and managing customer demand to inform production planning.
- Plan and Manage Supply: Coordinating procurement and production activities to meet demand requirements.
- Plan and Manage Inventory: Optimizing inventory levels to balance costs with service levels.
- Plan, Manage, and Execute Detailed Schedules: Developing and managing detailed production schedules to ensure timely order fulfillment.
- Plan and Manage Distribution: Overseeing the distribution of products to meet customer delivery requirements.
- Manage Quality, Continuous Improvement, and Technology: Implementing quality management and continuous improvement initiatives, and leveraging technology in supply chain operations.
Why Use This CPIM-8.0 Practice Test?
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Real Exam Experience: Questions closely mirror the actual exam format, providing familiarity and reducing anxiety.
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Identify Knowledge Gaps: Helps pinpoint areas requiring further study, allowing for focused preparation.
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Up-to-Date Content: Regularly updated to reflect the latest exam objectives and industry practices.
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Boost Confidence: Consistent practice builds confidence, ensuring you're well-prepared on exam day.
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Improve Time Management: Practicing under timed conditions helps you manage the exam duration effectively.
Take advantage of these CPIM-8.0 practice test questions shared by certified professionals. Start practicing today and get one step closer to achieving your Certified in Planning and Inventory Management (CPIM 8.0) certification!
Related questions
Based on the values reported in the table below, what is the inventory turnover?
0.50
0.58
1.73
2.60
Inventory turnover is a ratio that measures how many times a company sells and replaces its inventory in a given period. It is calculated by dividing the cost of goods sold (COGS) by the average inventory value. A higher inventory turnover indicates a more efficient use of inventory, while a lower turnover implies excess inventory or poor sales1.
Based on the values reported in the table, we can calculate the inventory turnover as follows:
Inventory Turnover = COGS / Average Inventory Value = $260,000 / $150,000 = 1.73
Therefore, the correct answer is C.
The production plan defines which of the following targets?
The cost accountant has discovered a consistent overage in actual run time for one operation. This information should be sent first to the:
Typically, rough-cut capacity planning (RCCP) in a job shop environment would review which of the following work centers to determine the ability to execute the plan?
Up-to-date Information about production order status is required to do which of the following tasks?
Marketing has requested a significant change in the mix for a product family. The requested change falls between the demand and the planning time fences. The most appropriate action by the master scheduler is to:
Which of the following statements about demonstrated capacity Is true?
Reducing distribution network inventory days of supply will have which of the following Impacts?
Which of the following prioritization rules will have the greatest impact In reducing the number of orders In queue?
In a make-to-stock (MTS) environment, the master production schedule (MPS) Is usually a schedule of which of the following types of items?
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