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Question 147 - CPIM-Part-2 discussion

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Which of the following methods most likely introduces a temporary variance between the inventory balance and the inventory record?

A.
Inventory write-off
Answers
A.
Inventory write-off
B.
B. Backflushing
Answers
B.
B. Backflushing
C.
Cycle count
Answers
C.
Cycle count
D.
Kanban
Answers
D.
Kanban
Suggested answer: C

Explanation:

Resource planning is a planning module that considers the longest-range planning goals. Resource planning is a method of determining the long-term capacity and resource requirements for a manufacturing system, based on the aggregate production plan, the sales and operations plan, and the business plan. Resource planning helps to align the production capacity and resources with the strategic objectives and goals of the organization. Resource planning considers the longest-range planning goals, which are usually expressed in terms of years or quarters.

The other options are not planning modules that consider the longest-range planning goals. Capacity requirements planning (CRP) is a planning module that calculates the capacity and load for each work center in a manufacturing system, based on the material requirements plan, the routing file, and the open order file. CRP helps to identify and resolve the capacity constraints and bottlenecks in the production process. CRP considers the short-range planning goals, which are usually expressed in terms of days or weeks. Input/output analysis is a planning module that compares the actual input/output of each work center in a manufacturing system with the planned input/output, based on the capacity requirements plan and the shop floor data. Input/output analysis helps to monitor and control the performance and efficiency of each work center. Input/output analysis considers the short-range planning goals, which are usually expressed in terms of days or weeks. Rough-cut capacity planning (RCCP) is a planning module that estimates the feasibility and adequacy of the key resources or work centers in a manufacturing system, based on the master production schedule and the bill of resources. RCCP helps to validate and adjust the master production schedule according to the available capacity and resources. RCCP considers the medium-range planning goals, which are usually expressed in terms of months or weeks.Reference: CPIM Exam Content Manual Version 7.0, Domain 4: Plan and Manage Supply, Section 4.2: Supply Planning Methods, p. 26; Resource Planning; Capacity Requirements Planning.

asked 16/09/2024
Carlo Hearne
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