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APICS Certified in Planning and Inventory Management(Part 2) Sample Questions:

1. A balanced scorecard is a performance measurement approach that involves:

A) obtaining external industry performance measures against the company's key performance indicators (KPIs).
B) linking financial and non-financial performance measures to organizational goals.
C) assigning profit responsibility to key managers.
D) balancing supply and demand.

2. A 58 environment should be maintained for which of the following reasons?

A) To promote level loading
B) To prepare for customer visits
C) To standardize training
D) To support standard work

3. Fixed order quantity = 100 units
Lead time = 2 weeks
Safety stock = 25 units
What is the projectedavailable balance in period 5?

A) 30 units
B) 105 units
C) 130 units
D) 70 units

4. An organization has seen inventory increase every month for the past year and financial performance has net met expectations. Which of the following processes would mostappropriately address correctingthe problem?

A) Master scheduling
B) Sales and operations planning (S&OP)
C) Business planning
D) Detailed material planning

5. In a make-to-order (MTO) environment, inputs to sales and operations planning (S&0P) should include the:

A) projected backlog of customer orders.
B) finished goods inventory.
C) available-to-promise (ATP) data.
D) work-in-process (WIP) inventory.

Solutions: