Higher Test Marks with Free Online CPIM-8.0 Exam Practice

Assess the CertsIQ’s updated CPIM-8.0 exam questions for free online practice of your Certified in Planning and Inventory Management (CPIM 8.0) test. Our CPIM 8.0 dumps questions will enhance your chances of passing the Certified Production and Inventory Management certification exam with higher marks.

Question 1

Which of the following systems would be the most cost-efficient for inventory management of a low value item?

Options :

A : Order point

B : Material requirements planning (MRP)

C : Periodic review

D : Economic order quantity(EOQ)

Answer: C

Question 2

Which of the following strategies is most appropriate for a business unit with a low relative market share in a high-growth market?

Options :

A : Using excess cash generated to fund other business units

B : Investing in the acquisition of competitors

C : Investing in projects to maintain market share

D : Designing product improvements to protect market share

Answer: C

Question 3

Which of the following prioritization rules will have the greatest impact In reducing the number of orders In queue?

Options :

A : Critical ratio

B : Shortest processing time

C : Fewest operations remaining

D : First come, first served

Answer: B

Question 4

Price negotiation is most appropriate when purchasing which of the following product categories?

Options :

A : Commodities

B : Standard products

C : Items of small value

D : Made-to-order (MTO) items

Answer: A

Question 5

The primary consideration In maintenance, repair, and operating (MRO) supply systems typically is:

Options :

A : order quantity.

B : stockout costs.

C : carrying costs.

D : shelf life.

Answer: B