APICS Certified in Production and Inventory Management - Master Planning of Resources - CPIM-MPR Exam Practice Test

A. Moving from a make-to-order strategy to a make-to-stock strategy

B. Implementing an enterprise resources planning system

C. Collecting point-of-sale data

D. Using an exponential smoothing forecast

A. Rough cut capacity planning

B. Capacity requirements planning

C. Finite load planning

D. Resource planning

A. It evaluates multiple forecasting methods.

B. It uses qualitative forecasting methods.

C. It gathers information from pools of experts.

D. It combines top-down and bottom-up forecasts.

A. Assemble-to-order

B. Finish-to-order

C. Make-to-stock

D. Make-to-order

A. reduce budget variances.

B. increase its market share.

C. respond to new opportunities.

D. position products in the marketplace.

A. determine variable costs.

B. project payroll costs.

C. calculate standard product costs.

D. identify future cash needs.

A. Hybrid

B. Chase

C. Subcontracting

D. Production leveling

A. 70

B. 90

C. 78

D. 80

A. Whether to aggregate distribution forecasts

B. Whether to use safety lead time or safety stock

C. How to monitor forecast error at central warehouse

D. Where to carry safety stock

A. Resource planning

B. Master scheduling

C. Detailed material planning

D. Business planning