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Certified In Planning and Inventory Management Practice Questions

Certified In Planning and Inventory Management

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Question 7

A work area is scheduled for 40 hours of work for a week. It runs 36 hours and produces 35 standard hours of work. The utilization for the week is:

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Question 8

When starting an external benchmarking study, a firm must first:

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Question 9

The question below is based on the following information:

 

Work Center 1 has an available capacity of 1,200 hours per month. Which of the following amounts represents the cumulative difference between the required capacity and the available capacity of Months 1 through 3?

 

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Question 10

Which of the following factors is most important when partnering with a supplier?

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Question 11

In a make-to-order (MTO) environment, inventory is most likely stocked in:

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Question 12

Which of the following factors has the greatest effect on the length of the forecast horizon?

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