ABCO   Engineering & Operations Management Ltd.
            
 
 

Copyright © ABCO Engineering & Operations Management Ltd.
 
KNOWLEDGE ASSESSMENT

The following 10 questions are based on enterprise operations and resource management concepts. This test is for self-assessment only although we have received comments that it helped APICS CPIM candidates to prepare for their exams.

Just go ahead and test yourself, and see your results immediately!

Should you need further information please contact us

--- Questions are renewed weekly ---

1) Which of the following is an input needed in capacity requirements planning?
a) Business Plan
b) Rough-cut capacity
c) Customer specs
d) Planned order releases


2) In one week a work centre produces 130 standard hours of work. The hours available are 120 and 105 hours are actually worked. The utilization is?
a) 80.8%
b) 87.5%
c) 92.3%
d) 108.3%


3) One hundred units of part A are to be processed on a work centre. The setup time is 1 hour and the run time per piece is 10 minutes The total time will be:
a) 2 hours 10 minutes
b) 2 hours 100 minutes
c) 1000 minutes
d) 1060 minutes


4) Which of the following statements is best of an MRP record?
a) The planned order relase date is the date the order is needed
b) When an order is released it becomes a scheduled receipt
c) Scheduled receipt dates are automatically revised by the system
d) a) and b) are both true


5) Choose the best statement?

a) Item B is the parent of item C
b) Item C is the parent of item E
c) Item A is the parent of item B
d) Item A is the parent of items B, D, and E


6) An MRP planned order receipt takes place when there is
a) gross requirements
b) net requirements
c) scheduled receipts
d) no projected available inventory


7) Which of the following statement is best?
a) A bottleneck will control the throughput of all products processed by it
b) Work centres after the bottleneck should work at full capacity
c) Work centres feeding the bottleneck should work at full capacity
d) A time buffer should be established after a bottleneck


8) One purpose of keeping inventory is to?
a) allow for production to choose from
b) allow for marketing to have everything they asked for
c) make purchasing activities easier
d) allow for independence of production and demand


9) A company that manufactures jet skis would be likely to carry which kind of inventory?
a) Lot size inventory
b) Hedge inventory
c) Anticipation inventory
d) None of the above


10) Which of the following equations is correct?
a) Assets = Liabilities - Owner’s equity
b) Income = Revenue - Liabilities
c) Owner’s equity = Assets - Liabilities
d) Revenue = COGS - Expenses