QUESTION: 25

Important way to resolve conflicting objective is:

To provide close coordination of the supply, production and distribution functions.
Balance conflicting objectives to minimize the total of all costs involved
Integrated materials management or logistics organization
All statements related ones.

Answer(s): D

An income statement of a company is as follows:
If through a well-organized materials management department direct materials can be reduced by 10% and direct labor by 5% the improvements in profits would be:

Answer(s): B

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QUESTION: 27

An income statement of a company is as follows:

Profit has been increased by 60% to get the in profit by 600,000 by increasing revenue; sales would have to increase to 1.2 million. What will happen with CGS?

Decrease by 3%
Increase by 4%
Decrease by 4%
Will remain same

Answer(s): A

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QUESTION: 28

If the cost of direct material is 60%, direct labor is 10%, and overhead is 25%of sales what will be the improvement in profit if direct material is reduced to 55%?

5%
3%
4%
No improvement

Answer(s): A

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Free CPIM Exam Braindumps (page: 7)

QUESTION: 25

QUESTION: 26

QUESTION: 27

QUESTION: 28