APICS CPIM Exam
Certified in Production and Inventory Management (Page 4 )

Updated On: 30-Jan-2026

The safety stock required depends on which of the following:

  1. Variability of demand during the lead time
  2. Frequency of reorder
  3. Service level desired
  4. All of the above

Answer(s): D



What have most of the values clustered near a central point with progressively fewer results occurring away from the cluster?

  1. Normal distribution
  2. Frequent distribution
  3. Average distribution
  4. Relevant distribution

Answer(s): A



_____________ of actual demands about the average refers to how closely the individual values cluster around the mean or average.

  1. distribution
  2. disbursement
  3. dispersion
  4. deviation

Answer(s): C



A statistical value that measures how closely the individual values cluster about the average is called:

  1. Mean value
  2. Standard deviation
  3. Sigma valuation
  4. Order point

Answer(s): B



The service level is directly related to the number of standard deviations provided as safety stock and is usually called:

  1. safety value
  2. safety factor
  3. secure level
  4. secure stockout

Answer(s): B



Viewing page 4 of 119
Viewing questions 16 - 20 out of 588 questions



Post your Comments and Discuss APICS CPIM exam prep with other Community members:

Join the CPIM Discussion