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

1. In a lean environment, the batch-size decision for planning "A" items would be done by:

A) least total cost.
B) periodic order quantity.
C) lot-for-lot (L4L).
D) min-max.

2. Which of the following tools shows process changes and random variation over time?

A) Histogram
B) Control chart
C) Check sheet
D) Pareto analysis

3. A planner has chosen to increase the order point for a raw material. Which of the following costs is most likely to increase?

A) Product
B) Ordering
C) Carrying
D) Landed

4. A life cycle assessment (LCA) would be used to determine:

A) the length of a long-term agreement.
B) if risk pooling would reduce inventory investment.
C) environmental aspects and impacts.
D) how an item should be scheduled.

5. Marketing has requested a significant change in the mix for a product family. The requested change falls between thedemand and the planning time fences. The most appropriate action by the master scheduler is to:

A) check the availability of required material.
B) forward the request to senior management.
C) accept the request.
D) reject the request

Solutions: