APICS CPIM-BSP - CPIM - Basics of Supply Chain Management Exam

Question #11 (Topic: Topic 1)
The heijunka philosophy can best be described as:
A. level production. B. make-to-stock production. C. a chase production strategy. D. produce to stock production.
Answer: A
Question #12 (Topic: Topic 1)
Which of the following issues would be of greatest concern for a company choosing to
reduce its finished goods inventory?
A. Long production changeover time B. Customer service expectations C. Product quality requirements D. Product shelf life constraints
Answer: B
Question #13 (Topic: Topic 1)
The lean production concept works best in which of the following manufacturing
environments?
A. Make-to-order B. Intermittent C. Project D. Flow
Answer: D
Question #14 (Topic: Topic 1)
Which of the following factors is included in cost of goods sold?
A. Revenue B. General and administrative expenses C. Overhead D. Standard cost
Answer: C
Question #15 (Topic: Topic 1)
A company's cost of goods sold would be found on which of the following financial
documents?
A. Balance sheet B. Income statement C. Cash flow statement D. Performance statement
Answer: B
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