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Certified in Production and Inventory Management - Master Planning of Resources Exam Dumps

CPIM-MPR Exam Format | Course Contents | Course Outline | Exam Syllabus | Exam Objectives

Exam Details for CPIM-MPR Certified in Production and Inventory Management - Master Planning of Resources:

Number of Questions: The CPIM-MPR exam typically consists of 75 multiple-choice questions.

Time Limit: The exam has a time limit of 3.5 hours (210 minutes).

Course Outline:
The CPIM-MPR certification exam focuses on assessing the knowledge and skills required for effective master planning of resources in the field of production and inventory management. The course outline covers the following key topics:

1. Demand Management:
- Understanding demand forecasting techniques
- Demand management process and methodologies
- Sales and operations planning (S&OP)
- Collaborative demand planning and management

2. Sales and Operations Planning (S&OP):
- S&OP principles and processes
- Developing an aggregate production plan
- Capacity planning and management
- S&OP performance measurements and analysis

3. Master Scheduling:
- Master scheduling process and objectives
- Time fences and order promising
- Managing material and capacity availability
- MPS (Master Production Schedule) creation and maintenance

4. Material Requirements Planning (MRP):
- MRP concepts and calculations
- Bill of Materials (BOM) and product structure
- Inventory management and control
- MRP inputs, outputs, and reports

5. Capacity Requirements Planning (CRP):
- Capacity planning and management
- Resource requirements and availability
- CRP calculations and analysis
- Load leveling and capacity utilization

6. Planning for Purchasing and Materials Management:
- Supplier relationship management
- Vendor selection and evaluation
- Purchasing process and procedures
- Inventory management techniques

Exam Objectives:
The CPIM-MPR exam aims to assess the following objectives:

1. Understanding of demand management principles and techniques.
2. Proficiency in sales and operations planning (S&OP) and aggregate production planning.
3. Knowledge of master scheduling techniques and master production schedule (MPS) management.
4. Competence in material requirements planning (MRP) and inventory management.
5. Familiarity with capacity requirements planning (CRP) and capacity management.
6. Understanding of purchasing and materials management principles and practices.

Exam Syllabus:
The CPIM-MPR exam covers the following syllabus:

1. Demand Management
- Demand forecasting techniques
- Demand management process and methodologies
- Sales and operations planning (S&OP)
- Collaborative demand planning and management

2. Sales and Operations Planning (S&OP)
- S&OP principles and processes
- Developing an aggregate production plan
- Capacity planning and management
- S&OP performance measurements and analysis

3. Master Scheduling
- Master scheduling process and objectives
- Time fences and order promising
- Managing material and capacity availability
- MPS (Master Production Schedule) creation and maintenance

4. Material Requirements Planning (MRP)
- MRP concepts and calculations
- Bill of Materials (BOM) and product structure
- Inventory management and control
- MRP inputs, outputs, and reports

5. Capacity Requirements Planning (CRP)
- Capacity planning and management
- Resource requirements and availability
- CRP calculations and analysis
- Load leveling and capacity utilization

6. Planning for Purchasing and Materials Management
- Supplier relationship management
- Vendor selection and evaluation
- Purchasing process and procedures
- Inventory management techniques

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APICS
CPIM-MPR
Certified in Production and Inventory Management -
Master Planning of Resources
https://killexams.com/pass4sure/exam-detail/CPIM-MPR
QUESTION: 96
When quantitative data are being evaluated, a very small bias in a forecast can best be
explained by which of the following statements?
A. Positive forecast errors approximately offset negative forecast errors.
B. The absolute values of all forecast errors were approximately equal.
C. The variability of forecast data was skewed.
D. A very small alpha factor was used.
Answer: A
QUESTION: 97
Which of the following actions would most likely lead to an achievable master
production schedule?
A. Minimizing changes in periods before the demand time fence
B. Keeping safety stock for key subassemblies
C. Limiting changes in periods after the planning time fence
D. Committing to customer requested shipment dates
Answer: A
QUESTION: 98
Which of the following considerations is most important when selecting forecasting
software?
A. Cost of data storage
B. Ability to forecast over multiple planning horizons
C. Ability to forecast capacity requirements
D. Computational speed
Answer: B
QUESTION: 99
Identification of performance problems in providing a high line-item service ratio
provides an opportunity to:
A. address imbalances in the customer order mix.
B. improve order-promising information.
C. redesign sales and marketing incentives.
D. reduce customer-demanded delivery time.
Answer: B
QUESTION: 100
In an assemble-to-order environment, which of the following indicators is most
appropriate for measuring the effectiveness of the master scheduling process?
A. Customer order fill rate
B. Number of stock outs
C. Capacity utilization
D. Aggregate inventory
Answer: A
QUESTION: 101
Which of the following issues is most likely to lead to the use of a short-term, rather
than long-term, forecasting process?
A. How to respond to a competitor's test marketing of a new product
B. How to configure the supply chain to support a new market segment
C. Whether to outsource a capital-intensive subassembly process
D. Whether to take a price-leadership or a product-differentiation posture
Answer: A
QUESTION: 102
Distribution requirements planning would most directly interface with:
A. capacity requirements planning.
B. master planning.
C. material requirements planning.
D. warehouse facility planning.
Answer: B
QUESTION: 103
Which of the following functional objectives of a distribution system is most consistent
with lower inventories?
A. Low warehousing costs
B. Low transportation costs
C. Fast deliveries
D. High customer service
Answer: A
QUESTION: 104
Using a trial and error approach is most effective in which of the following production
planning strategies?
A. Level
B. Constant
C. Chase
D. Mixed
Answer: D
QUESTION: 105
An effective implementation of the sales and operations planning (S&OP) processes
would typically result in the firm's ability to:
A. increase its market share.
B. position products in the marketplace.
C. reduce budget variances.
D. respond to new opportunities.
Answer: D
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