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APIC's CPIM Part 1 Practice Exams Question and Answers Rationales 2023, Exams of Nursing

APIC's CPIM Part 1 Practice Exams Question and Answers Rationales 2023

Typology: Exams

2023/2024

Available from 09/03/2023

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APICS/CPIM exam 1 with Answers
t/f: ERP systems coordinate multiple databases used to gather and maintain the firm's
essential data - ANS false
Which of the following are aspects of ERP systems?
1. Multifunctional- able to provide data concerning many parts of the firm
2. Modular- able to combine selected components into a single system
3. Independent- each functional area has its own system and data and maintains control
of that system and data - ANS 1 and 2
ERP systems perform which of the following tasks?
I. Support decisions
II. Make decisions
III. Evaluate decisions - ANS 1
Which of the following is NOT a key decision when considering ERP systems?
1. business complexity and size
2. system costs and available resources
3. requirements of the firm's processes - ANS d) all are key decisions
Which of the following is typically NOT a component of ERP systems?
1. email management
2. finance module
3. Human Resources module - ANS 1 only
Purchasing, vendor evaluation, and invoice management are typically covered in which
module of an ERP system? - ANS materials management
Capacity leveling, material requirements planning (MRP), and bill of materials
processing are typically covered in which module of an ERP system? - ANS production
planning and control
To support data analysis without burdening the operational ERP system, many firms
employ which of the following? - ANS data warehouse
The "functional silo" problem refers to - ANS the tendency for decisions to be made
without considering other functional areas
Which of the following supply chain metrics is most useful for measuring customer
satisfaction in make to stock system? - ANS fill rate by line item
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