CPIM Strategic Management of resources (CPIM-SMR) Free Practice Test

Question 1

What are principles of strategic revolution?
I. The bottleneck is at the top of the bottle
II. Strategic planning isn't strategic
III. Plan then strategize
IV. Strategy planning must be subversive

A. I, III, & IV

B. I, II, & III

C. II, III, & IV

D. I, II, & IV

Correct Answer: D

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Question 2

Out of the different approaches to cutting over to a new technology, which one utilizes the least amount of
human resources?

A. Parallel Approach

B. Big Bang Approach

C. Local Approach

D. Step Approach

Correct Answer: B

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Question 3

What is the BEST motivator for employees to do something?

A. Recognition from boss

B. Money

C. Recognition by peers

D. Gift from company

Correct Answer: B

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Question 4

What are types of process objects from Davenport and Short
I. Logical
II. Physical
III. Informational

A. I, II, & III

B. II & III Only

C. I & II Only

D. I & III Only

Correct Answer: B

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Question 5

Which of the following are included in the routing file?
I. What work centers need to be used
II. Sequence of manufacturing operations
III. Tooling needed
IV. BOM data

A. I, II, & III Only

B. I, II, & IV Only

C. II, III, & IV Only

D. I, III, & IV Only

Correct Answer: A

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Question 6

What is MOST important for a make or buy decision?

A. House of Quality

B. Breakeven analysis

C. Kanban Square

D. Process Map

Correct Answer: B

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Question 7

What in project management is the hierarchical description of a project in which each lower level is more
detailed?

A. Statement of Work

B. Organization Chart

C. Work Breakdown Schedule

D. Responsibility Assignment Matrix (RAM)

Correct Answer: C

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Question 8

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

A. Management analysis

B. Net Present Value

C. Payback Method

D. Average Return on Investment

Correct Answer: A

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Question 9

What are 5 activities learning organizations are skilled at according to Garvin?

Correct Answer:

1 . Systemic problem solving
2 . Experimentation with new approaches
3 . Learning from their own experiences and past history
4 . Learning from experiences of others
5 . Transforming knowledge quickly and efficiently

Question 10

What performance measurement would be BEST for measuring JIT manufacturing operations?

A. Equipment utilization

B. Overhead variances

C. Inventory Turns

D. Labor efficiency

Correct Answer: C

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APICS CPIM Strategic Management of resources (CPIM-SMR) Free Practice Test