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

1. The cumulative available-to-promise (ATP) method is based on an assumption that available inventory in a period can becommitted to demand in that period and:

A) any period before the demand time fence (DTF).
B) future periods beyond the DTF.
C) any future period in the planning horizon.
D) future periods with a planned receipt.

2. The sales and operations planning (S&OP) process in an assemble-to-order (ATO) production environment focuses oncontrol of:

A) finished goods inventory.
B) key intermediate part inventory.
C) raw material inventory.
D) end product backlog.

3. A vendor-managed inventory (\VMI) program provides a benefit to the buying company in which of the following ways?

A) Reduces work in process (WIP)
B) Reduces the number of quality notifications
C) Reduces material cost
D) Reduces administrative expenses

4. An organization has seen inventory increase every month for the past year and financial performance has net met expectations. Which of the following processes would mostappropriately address correctingthe problem?

A) Detailed material planning
B) Master scheduling
C) Sales and operations planning (S&OP)
D) Business planning

5. In which of the following situations would the use of a failure mode effect analysis (FMEA) be most appropriate?

A) During the define phase of asix-sigmaproject
B) After a one-time quality incident investigation
C) During evaluation of a new market opportunity
D) Prior to a new product introduction (NPI)

Solutions: