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CPIM-8.0 Exam Lab Questions | CPIM-8.0 Latest Exam Dumps
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Free PDF 2025 APICS CPIM-8.0: Certified in Planning and Inventory Management (CPIM 8.0) –Reliable Exam Lab Questions
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APICS CPIM-8.0 Exam Syllabus Topics:
Topic
Details
Topic 1
- Inventory: The inventory module evaluates the skills of Inventory Controllers, covering inventory planning principles such as determining optimal stock levels based on costs versus benefits analysis metrics like ABC classification systems used globally today along with itemized inventory control mechanisms ensuring efficient stock turnover rates while minimizing holding costs.| Distribution: This section measures the abilities of Logistics Coordinators, focusing on distribution network design principles that optimize replenishment orders efficiently while considering reverse logistics practices aimed at reducing waste through proper disposal methods according to environmental regulations.
Topic 2
- Demand: This section evaluates the abilities of Demand Analysts in managing demand through forecasting techniques. It explores sources of demand data for accurate forecasting and evaluating forecast performance to improve future predictions. One important skill evaluated is "forecasting demand accurately."
Topic 3
- Sales and Operations Planning: This module assesses the skills of Operations Planners in terms of sales and operations planning processes. It includes understanding the purpose of S&OP, creating aggregate demand plans, and reconciling these plans to ensure alignment between sales forecasts and operational capabilities. A crucial skill measured is "reconciling supply-demand gaps."
APICS Certified in Planning and Inventory Management (CPIM 8.0) Sample Questions (Q372-Q377):
NEW QUESTION # 372
Which role is MOST accountable for allocating security function resources in order to initiate the information security governance and risk management policy?
- A. Chief Information Security Officer (CISO)
- B. Board of Directors
- C. Chief Financial Officer (CFO)
- D. Project management office
Answer: A
NEW QUESTION # 373
A Software As A Service (SaaS) solution was compromised due to multiple missing security controls. The SaaS deployment was rushed and the Software Development Life Cycle (SDLC) was not followed. Which SDLC phase would have been MOST effective in preventing this failure?
- A. Design
- B. Testing
- C. Maintenance
- D. Requirements
Answer: A
NEW QUESTION # 374
The costs provided in the table below are associated with buying a quantity larger than immediately needed.
What Is the total landed cost based on this table?
Cost CategoryCost
Custom fees$125
Freight$700
Warehouse rent$200
Matenal cost$500
- A. $1,525
- B. $1,325
- C. $1,400
- D. $825
Answer: A
Explanation:
The total landed cost is the sum of all the costs associated with buying a quantity larger than immediately needed, including the cost of the product, the custom fees, the freight, and the warehouse rent. Based on the table, the total landed cost can be calculated as follows:
Landed cost = material cost + custom fees + freight + warehouse rent Landed cost = $500 + $125 + $700 +
$200 Landed cost = $1,525
Therefore, the correct answer is D. $1,525. The other options are not correct, as they either omit some of the costs or use incorrect values. The total landed cost reflects the direct costs only to move the product from the factory floor to the customer. It is an important supply chain KPI in inventory management, as it helps to determine the optimal order quantity, pricing, and profitability of the products12. References:
What is Landed Cost? | Calculation and Tips to Improve - ORBA Cloud CFO What is Landed Cost & Why is it Important | Finale Inventory
NEW QUESTION # 375
The planned channels of Inventory disbursement from one or more sources to field warehouses are known as:
- A. interplant demand.
- B. a supply chain community.
- C. a bill of distribution.
- D. logistics data interchange (LDI).
Answer: C
Explanation:
A bill of distribution is the planned channels of inventory disbursement from one or more sources to field warehouses and ultimately to the customer. There may be one or more levels in the disbursement system. It is used to allocate inventory among different distribution centers based on demand, capacity, and costs. A bill of distribution is similar to a bill of materials, but for distribution planning instead of production planning. The other options are not correct, as they refer to different concepts in distribution management:
*A supply chain community is a network of organizations that collaborate to achieve common goals and objectives in the supply chain.
*Interplant demand is the demand for a product or component from one plant to another within the same company.
*Logistics data interchange (LDI) is the electronic exchange of information between logistics partners, such as suppliers, carriers, and customers. References:
*[CPIM Part 2 - Section A - Topic 4 - Distribution Planning]
*Distribution Channel Design
*APICS Flashcards
NEW QUESTION # 376
An advantage of applying ABC classification to a firm's replenishment items is that:
- A. it allows the firm to utilize time-phased order point (TPOP).
- B. it distinguishes independent demand from dependent demand.
- C. it allows planners to focus on critical products.
- D. it provides better order quantities than the economic order quantity (EOQ).
Answer: C
Explanation:
ABC classification is a method of inventory management that categorizes items based on their annual consumption value, which is the product of the annual demand and the unit cost. Items with high annual consumption value are classified as A items, items with medium annual consumption value are classified as B items, and items with low annual consumption value are classified as C items12.
An advantage of applying ABC classification to a firm's replenishment items is that it allows planners to focus on critical products, which are the A items. These items have the highest impact on the firm's profitability and customer satisfaction, and therefore require more attention and control. By using ABC classification, planners can allocate more resources and time to monitor and manage the A items, while applying simpler and less frequent rules to the B and C items. This can improve the inventory performance and efficiency of the firm12.
The other options are not correct because:
*A. it distinguishes independent demand from dependent demand. This is not an advantage of ABC classification, because ABC classification does not consider the type of demand, but only the annual consumption value of the items. Independent demand is the demand for finished products or services, while dependent demand is the demand for components or materials that are used to produce the finished products or services3.
*C. it provides better order quantities than the economic order quantity (EOQ). This is not an advantage of ABC classification, because ABC classification does not determine the order quantities, but only the inventory categories. EOQ is a formula that calculates the optimal order quantity that minimizes the total inventory costs, such as ordering costs and holding costs.
*D. it allows the firm to utilize time-phased order point (TPOP). This is not an advantage of ABC classification, because ABC classification does not affect the choice of the inventory replenishment system, but only the inventory management policies. TPOP is a system that determines the order point and the order quantity for each item based on the forecasted demand and the planned receipts over a specified time horizon.
References := 1 ABC Inventory Analysis & Management | NetSuite1 2 What Is ABC Inventory Classification? | Business.org2 3 Independent Demand vs Dependent Demand: What's the Difference?
Economic Order Quantity (EOQ) - Overview, Formula, and Example Time-Phased Order Point (TPOP) - an overview | ScienceDirect Topics
NEW QUESTION # 377
......
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