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APICS CPIM-SMR Exam Questions
CPIM Strategic Management of resources (Page 27 )

Updated On: 17-Feb-2026
Page 9 of 49
PDF with 245 Questions

All of the following teams and positions need to be identified for a project EXCEPT

  1. Project Manager
  2. The Change Champion
  3. Executive Steering Committee
  4. Supplier

Answer(s): D

Explanation:

The following are the teams and positions that need to be identified for a new project
1. Executive Steering Committee
2. The Change Champion
3. Project Manager
4. Project Team
Supplier would not need to be identified as not all projects require suppliers.



What is the BEST measure for organization filexibility?

  1. Number of skills per employee
  2. Change over time
  3. Number of different models produced
  4. Lead Time

Answer(s): A

Explanation:

The best measure is how many skills there are per employee. That can prove for a very filexible organization.



The decision to use a functional layout or a process layout is dependent on what?

  1. Volumes
  2. Inventory
  3. Quality
  4. Labor

Answer(s): A

Explanation:

The decision to use a functional layout or a process layout is dependent on how much volume will be going through.



An important issue with revenue and expenses is the timing of the money received and the expenses paid.
What financial statement helps to highlight this timing issue?

  1. Cash Flow Statement
  2. Profit Statement
  3. Income Statement
  4. Balance Sheet

Answer(s): A

Explanation:

The Cash flow statement helps to show revenue and expenses during a period of time helping to highlight any timing issues. In an expanding business would buy equipment now for future profits. This is a cash flow issue.



JIT strives for an economic order quantity of what?

  1. 0
  2. Less than 1 but greater than 0
  3. 1
  4. Greater than 1

Answer(s): C

Explanation:

JIT strives for an economic order quantity of one. This is really a goal as it may not be practical, but it is the goal of a JIT program.






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