Free CPIM-SMR Exam Braindumps (page: 31)

Page 31 of 60

Which of the following is NOT a well-established project investment measurement?

  1. Average Return on Investment
  2. Management analysis
  3. Net Present Value
  4. Payback Method

Answer(s): B

Explanation:

The following are established project investment analysis measurements
1. Payback method
2. Average return on investment
3. Net Present Value method
Nlanagement analysis is not used for determining project investment



Which of the following would be the worst basis for a new plant location?

  1. Facility Size
  2. Close to supplier
  3. Labor Rates
  4. Close to Transportation Hub

Answer(s): A

Explanation:

Biggest does not always mean best. Going by facility size only can cause many issues if you are not near your customers, suppliers, or a transportation hub.



A workforce should not only be trained in their technical aspects of their job, but also what would be MOST important skill for employees?

  1. Project management Skills
  2. JIT concept skills
  3. Problem SoMng Skills
  4. IT systems skills

Answer(s): C

Explanation:

The most important for an employee is to have problem soMng skills. All are important, but problem soMng skills would be the worst.



What is the BEST way to document customer wants in a product?

  1. Interview management
  2. Review Market Intelligence
  3. Customer Survey
  4. Interview competitor of similar product

Answer(s): C

Explanation:

The BEST way to document customer wants in a product is directly survey or interview a customer.
While there are many sources to get a glimpse at what a customer may want, the best is to go to the source on what they want.



Page 31 of 60



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Arun kumar k n commented on September 11, 2023
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