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Free CPIM Exam Braindumps (page: 40)

Page 39 of 148
PDF with 588 Questions

Advantage/s of concurrent engineering is/are:

  1. Time to market is reduced
  2. Cost is reduced
  3. Better quality and lower total system cost
  4. All of these

Answer(s): D



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

  1. Can produce for less cost than a supplier
  2. Uses specialized expertise of suppliers
  3. Provides known and competitive prices
  4. To utilize existing equipment to fullest extent

Answer(s): A,D



Benefit/s of supply chain simulation is/are:

  1. To help understand the overall supply chain processes and characteristics by graphics/animation
  2. To be able to capture system dynamics: using probability distribution, user can model unexpected events in certain areas and understand the impact of these events on the supply chain
  3. To minimize the risk of changes in planning process: by what-if simulation, user can test various alternatives before changing plan.
  4. All of these

Answer(s): D



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:

  1. Requires less capital investment
  2. Uses specialized expertise of suppliers
  3. Allows the firm to concentrate on its own areas of specialization
  4. All of these

Answer(s): D






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