Free Access APICS.CPIM.v2022-07-30.q171 Practice Test (Page 8)

Question 31

Extranet is an internet shared by two or more companies.

A.True

B.False

Question 32

What is characterized by many variations in product design, process requirements and order quantities?

A.Intermittent manufacturing

B.Streamline manufacturing

C.process improvement

D.Periodic manufacturing

Question 33

A manufacturer has the alternative of making parts in-house or of buying them from an outside supplier. Reason/s to buy out may be:

A.All of these

B.Requires less capital investment

C.Uses specialized expertise of suppliers

D.Allows the firm to concentrate on its own areas of specialization

Question 34

The Question mark represents:

A.Cost of goods solved

B.Inventories

C.None of these

D.Payables

Question 35

demand or lead time. is held to cover random unpredictable variations in supply and

A.Variant stock

B.Random contemporary stock

C.Safety stock

D.Anticipatory change inventory

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