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APICS Certified in Planning and Inventory Management (CPIM 8.0) Sample Questions (Q465-Q470):

NEW QUESTION # 465
An organization has implemented a control that requires users to change their passwords every 30 days. Which setting of the password policy will prevent users from reusing passwords?

Answer: B


NEW QUESTION # 466
A financial services organization wants to deploy a wireless network. Which of the following is the WEAKEST option for ensuring a secure network?

Answer: A


NEW QUESTION # 467
Which of the following methods would be appropriate for forecasting the demand for a product family when there is a significant trend and seasonality in the demand history?

Answer: A

Explanation:
Time series decomposition is a method that breaks down a time series of historical demand data into its components: trend, seasonality, cyclical, and random. It is appropriate for forecasting the demand for a product family when there is a significant trend and seasonality in the demand history, as it can isolate and estimate these components and project them into the future. Time series decomposition can also handle cyclical and random variations in demand, and it can be applied to different time intervals (such as monthly, quarterly, or yearly). The other methods are not suitable for this scenario. Econometric models are complex mathematical models that use regression analysis to relate demand to various explanatory variables, such as price, income, or advertising. They are not designed to capture trend and seasonality in demand. Computer simulation is a technique that uses a computer program to mimic the behavior of a real system under different scenarios and assumptions. It is not a forecasting method per se, but rather a tool for testing and evaluating different forecasting methods or policies. Weighted moving average is a simple method that uses the average of the most recent observations as the forecast for the next period, with more weight given to the recent observations than the older ones. It is not able to capture trend and seasonality in demand, as it assumes that demand is stable and does not change over time. References: Time Series Decomposition | APICS Dictionary Term of the Day, APICS CPIM 8 Planning and Inventory Management | ASCM


NEW QUESTION # 468
In the sales and operations planning (S&OP) process, the demand management function provides:

Answer: B

Explanation:
The demand management function brings qualitative insights like market intelligence, promotions, and competitor actions that are not part of statistical forecasts. These are integrated during S&OP reviews to align demand and supply effectively.
"Demand management supplements forecast data with inputs not captured in historical forecasting models."
- CPIM SMR Module - Sales & Operations Planning Role of Demand Management


NEW QUESTION # 469
A security analyst modifies the organization's baselines to align the controls more closely with specific security and privacy requirements. Which security concept is this an example of?

Answer: C


NEW QUESTION # 470
......

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