CPIM

CPIM practice questions, page 9 of 11, with answer review and explanations.

Question 41

Which of the following criteria is used to determine safety stock in a distribution center (DC)?

  1. Economic order quantity (EOQ)
  2. Seasonal index value
  3. Alpha factor level
  4. Probability of stocking out

Question 42

According to quality function deployment (QFD), customer needs are gathered through:

  1. employee suggestions.
  2. technical specifications.
  3. surveys.
  4. historical data.

Question 43

Which of the following techniques would a group use to prioritize problems?

  1. Critical path analysis
  2. Pareto analysis
  3. Scatter charts
  4. Cause-and-effect diagrams

Question 44

Which of the following methods would be appropriate for forecasting the demand for a product family when there is a significant trend and seasonality in the demand history?

  1. Econometric models
  2. Computer simulation
  3. Time series decomposition
  4. Weighted moving average

Question 45

Which of the following measurements indicates there may be bias in the forecast model?

  1. Mean absolute deviation (MAD)
  2. Standard deviation
  3. Tracking signal
  4. Variance