Free CPIM-SMR Exam Braindumps (page: 27)

Page 27 of 60

Which of the following would be included in the liabilities category of the balance sheet?
I) Accounts payable
II) Provisions for taxes
III) Accounts receivable

  1. II & III Only
  2. I & II Only
  3. I & III Only
  4. I, II, & III

Answer(s): B

Explanation:

Which of the following would be included in the liabilities category of the balance sheet?
1. Accounts payable
2. Provisions for taxes
Accounts receivable would be considered under the assets proton of the balance sheet.



What is a typical advantage of vertical integration?

  1. Increased buying power
  2. decrease levels of BOM
  3. Control over critical capacities
  4. Manufacturing filexibility

Answer(s): C

Explanation:

A typical advantage of vertical integration is the control over critical capacities. Sometimes the critical capacity is a raw material so a plant will purchase the raw material supplier in order to control that critical capacity to the plant.



Which of the following are parts of reverse logistics?
I) Waste management
II) Hazardous waste disposal
III) Product Quality

  1. I, II, & III
  2. I & III Only
  3. II & III Only
  4. I & II Only

Answer(s): D

Explanation:

Reverse logistics include anything going in reverse of normal product purchase process. Reverse logistics include
1. Customer returns
2. Product recalls
3. Re-usable containers
4. Waste management
5. Hazardous waste



The objective of a product launch is to what?

  1. How to be more efficient in the supply chain
  2. Get in front of a prospective customers and tempt them to buy
  3. To stop production or not
  4. How to gain market share

Answer(s): B

Explanation:

The objective of a product launch is to get in front of the prospective customers and tempt them to buy.
While there are many things to think about in the product launch stage, in that stage the objective is to get in front of those customers.



Page 27 of 60



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Arun kumar k n commented on September 11, 2023
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