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

1. The planned channels of inventory disbursement from one or more sources to field warehouses are known as:

A) logistics data interchange (LDI).
B) Asupply chain community.
C) interplant demand.
D) a bill of distribution.

2. Which of the following represents landed costs?

A) Purchasing and delivering a purchased product to its final destination
B) Supplier absorbing freight charges
C) Duties levied on imports and exports
D) Combining smaller shipments to take advantage of bulk efficiencies

3. Risk pooling would work best for items with:

A) low demand uncertainty and short lead times.
B) low demand uncertainty and long lead times.
C) high demand uncertainty and long lead times.
D) high demand uncertainty and short lead times.

4. Fishbone diagrams would help a service organization determine:

A) the decomposition of customer return rates with seasonality.
B) the proper level of service for a customer segment.
C) differences in the performance of employees.
D) the source of aquality-of-serviceissue.

5. Rivalry among competing sellers is generally weaker when:

A) the products of rival sellers are commodities.
B) the number of rivals increases, and rivals are of roughly equal size and competitive capability.
C) buyer costs to switch brands are low.
D) buyer demand is growing rapidly.

Solutions: