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APICS Certified in Planning and Inventory Management(Part 2) Sample Questions:
1. The most relevant measure of customer service performance is:
A) service perceived by the customer against service expected by the customer.
B) service promised to the customer against service measured by the supplier.
C) positive customer feedback as a percentage of customer feedback.
D) customer complaints received as a percentage of orders shipped.
2. Which of the following strategies can improve the effectiveness of a company's customer value proposition and enhance itsdifferentiation in the market?
A) Adopt best practices that improve product design.
B) Invest in productivity enhancing technological improvements.
C) Relocate high-cost activities to other geographic areas.
D) Outsource activities to outside vendors or contractors.
3. Which of the following inventory management techniques is most responsive to changes in demand levels?
A) Periodic review system
B) Cycle counting
C) Two-bin system
D) ABC classification
4. Risk pooling would work best for items with:
A) high demand uncertainty and long lead times.
B) low demand uncertainty and long lead times.
C) high demand uncertainty and short lead times.
D) low demand uncertainty and short lead times.
5. Which of the following represents landed costs?
A) Purchasing and delivering a purchased product to its final destination
B) Combining smaller shipments to take advantage of bulk efficiencies
C) Duties levied on imports and exports
D) Supplier absorbing freight charges
Solutions:
Question # 1 Answer: A | Question # 2 Answer: A | Question # 3 Answer: C | Question # 4 Answer: A | Question # 5 Answer: A |

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