CPIM Master Planning of Resources 3

Question 1

The 'planning fence' in master scheduling separates:

Accepted Answer

Fixed and flexible portions of the schedule

Answer

The planning fence divides the schedule into a frozen zone where changes are restricted and a flexible zone where planners can make adjustments.

Question 2

Which demand pattern is characterized by a consistent upward or downward movement over time?

Accepted Answer

Trend

Answer

A trend pattern reflects a sustained long-term increase or decrease in demand, which must be incorporated into forecasting models.

Question 3

Distribution Requirements Planning (DRP) is best described as:

Accepted Answer

Time-phased planning of inventory replenishment across a distribution network

Answer

DRP applies MRP logic to distribution networks, planning inventory replenishment from central warehouses to field locations over time.

Question 4

What is 'option overplanning' in master scheduling?

Accepted Answer

Planning option quantities greater than 100% to account for forecast uncertainty across configurations

Answer

Option overplanning deliberately plans optional features at quantities slightly exceeding 100% to ensure component availability when customer configurations vary.

Question 5

A 'hedge' in master planning refers to:

Accepted Answer

Inventory or capacity built in anticipation of uncertain future demand or supply events

Answer

In CPIM, a hedge is planned inventory or capacity created to protect against uncertainty such as a possible strike, supply disruption, or demand surge.

CPIM - Certified in Production and Inventory Management Practice Test

CPIM - Certified in Production and Inventory Management Practice Test

CPIM Master Planning of Resources 3