APICS CPIM-BSP Exam Questions
CPIM - Basics of Supply Chain Management (Page 4 )

Updated On: 24-Feb-2026

Which of the following tools is considered to be one of the seven quality tools?

  1. Gantt chart
  2. Input/output chart
  3. Control chart
  4. Capacity chart

Answer(s): C



The principal objective of total quality management in manufacturing is to:

  1. implement statistical process control.
  2. meet the expectations of the customer.
  3. reduce the costs of failure.
  4. eliminate inspections.

Answer(s): B



A company's cost of goods sold would be found on which of the following financial documents?

  1. Balance sheet
  2. Income statement
  3. Cash flow statement
  4. Performance statement

Answer(s): B



Which of the following items is considered an external failure cost?

  1. Warranty cost
  2. Incoming inspection
  3. Prevention cost
  4. Appraisal cost

Answer(s): A



Which of the following characteristics is most distinctive of lean manufacturing?

  1. Teamwork
  2. Continuous improvement
  3. Qualitative measurements
  4. Bottom-line results

Answer(s): B






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