CPIM-8.0 APICS Certified in Planning and Inventory Management (CPIM 8.0) exact Exam Questions

Certified in Planning and Inventory Management (CPIM 8.0)

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Question # 1

What order BEST reflects the steps when adding threat modeling practices to a Software Development Life Cycle (SDLC)?

Inventory use cases, categorize threats, evaluate business impact

Understand attack front, identify trust levels, decompose application

Inventory countermeasures, identify threats, implement mitigations

Establish monitoring, identify risks, implement countermeasures

Question # 2

An organization is implementing improvements to secure the Software Development Life Cycle (SDLC). When should defensive three modeling occur?

Standards review

Static Application Security Testing (SAST)

Design and requirements gathering

Dynamic Application Security Testing (DAST)

Question # 3

What priority control technique is most appropriate for a firm using a cellular production system?

Shortest processing time (SPT) rule

Distribution requirements planning (DRP)

Pull production activity control (PAC)

Push production activity control (PAC)

Question # 4

A large organization wants to implement a vulnerability management system in its internal network. A security professional has been hired to set up a vulnerability scanner on premises and to execute the scans periodically. Which of the following should be the FIRST action performed by the security professional?

Configure internal firewalls to accept and pass all scanner traffic and responses

Execute a vulnerability scan to determine the current organization security posture

Select two different vulnerability scanners to get comprehensive reporting

Obtain support from the computing systems ' stakeholders

Question # 5

An organization has been struggling to improve their security posture after a recent breach. Where should the organization focus their efforts?

Business Continuity Plan (BCP)

Service-Level Agreements (SLA)

Common configuration enumerations

National vulnerabilities database

Question # 6

An organization’s external auditors have issued a management letter identifying significant deficiencies related to the effectiveness of the previous year’s global access certification. The organization wants to move from a department-based access control system to a Role-Based Access Control (RBAC) system. In addition to quickly and securely provisioning users by granting membership into predefined and approved roles, which of these presents the BEST reason to do so?

The organization can implement both mandatory and dynamic access controls, except where they would be in conflict.

The organization can clone roles, saving time and granting broad access to persons within the same department.

The organization can give a person holding multiple roles the appropriate levels of access to specific data for each role.

The organization can implement both static and dynamic access controls, adjusting them to fit any individual’s access needs.

Question # 7

Which of the following methods is most often used to manage inventory planning variability across the supply chain?

Buffer management

Safety lead time

Risk pooling

Risk categorization

Question # 8

What function prevents unauthorized devices from gaining access to a network?

Network Access Control (NAC)

Storage Area Network (SAN)

Network Address Translation (NAT)

Software-Defined Network (SDN)

Question # 9

What is an important countermeasure to consider when hardening network devices and servers to reduce the effectiveness of unauthorized network scanning?

Filter inbound logging and auditing configuration of all network devices.

Filter inbound Internet Control Message Protocol (ICMP) messages at the network edge.

Filter outbound logging and auditing configuration of all network devices.

Filter outbound Internet Control Message Protocol (ICMP) messages at the network edge.

Question # 10

Which of the following statements is an assumption on which the economic order quantity (EOQ) model is based?

Customer demand is known but seasonal.

Items are purchased and/or produced continuously and not in batches.

Order preparation costs and inventory-carrying costs are constant and known.

Holding costs, as a percentage of the unit cost, are variable.

Answer:

Explanation:

The economic order quantity (EOQ) model is a formula that calculates the optimal order quantity that minimizes the total inventory costs, such as ordering costs and holding costs. The EOQ model is based on several assumptions, one of which is that the order preparation costs and inventory-carrying costs are constant and known. This means that the costs of placing and receiving an order, and the costs of storing and maintaining the inventory, do not change with the order quantity or the inventory level, and that they can be estimated accurately12.

The other options are not correct because:

•A. Customer demand is known but seasonal. This is not an assumption of the EOQ model, but rather a violation of it. The EOQ model assumes that the customer demand is constant and known, and that the orders are placed at regular intervals. However, if the customer demand is seasonal, it means that it varies over time and may not be predictable. This can affect the accuracy and applicability of the EOQ model, as the optimal order quantity may change with the demand pattern12.

•B. Items are purchased and/or produced continuously and not in batches. This is not an assumption of the EOQ model, but rather a contradiction of it. The EOQ model assumes that the items are purchased and/or produced in batches, and that the inventory level decreases gradually until it reaches zero, at which point a new order is placed and received. However, if the items are purchased and/or produced continuously, it means that there is no need to place orders or maintain inventory, and the EOQ model becomes irrelevant12.

•D. Holding costs, as a percentage of the unit cost, are variable. This is not an assumption of the EOQ model, but rather a complication of it. The EOQ model assumes that the holding costs, as a percentage of the unit cost, are constant and known. This means that the cost of storing and maintaining one unit of inventory does not depend on the unit cost of the item, and that it can be estimated accurately. However, if the holding costs, as a percentage of the unit cost, are variable, it means that the cost of storing and maintaining one unit of inventory changes with the unit cost of the item, and that it may not be easy to estimate. This can affect the accuracy and applicability of the EOQ model, as the optimal order quantity may depend on the unit cost of the item12.

References := 1 Economic Order Quantity Model in Inventory Management - Investopedia1 2 Economic Order Quantity: What Does It Mean and Who Is It Important For? - Investopedia2

Question # 11

The project manager for a new application development is building a test framework. It has been agreed that the framework will Include penetration testing; however, the project manager is keen to identify any flaws prior to the code being ready for execution. Which of the following techniques BEST supports this requirement?

System vulnerability scans

Database injection tests

System reliability tests

Static source code analysis

Question # 12

Broadcast traffic is causing network performance degradation of sensitive equipment.

Which of the following methods is used to prevent the broadcast traffic from impacting availability?

Place the sensitive equipment behind a firewall to prevent the broadcast traffic from impacting the equipment.

Implement Quality of Service (QoS) on network switches to throttle the sensitive equipment traffic.

Move the sensitive equipment to a different switch port to prevent the broadcast traffic from impacting the equipment.

Use Network Access Control (NAC) to prevent the broadcast traffic from broadcasting.

Question # 13

A vendor has been awarded a contract to supply key business software. The vendor has declined all requests to have its security controls audited by customers. The organization insists the product must go live within 30 days. However, the security team is reluctant to allow the project to go live.

What is the organization ' s BEST next step?

Evaluate available open source threat intelligence pertaining to the vendor and their product.

Shift the negative impact of the risk to a cyber insurance provider, i.e., risk transference.

Gain assurance on the vendor’s security controls by examining independent audit reports and any relevant certifications the vendor can provide.

Document a risk acceptance, in accordance with internal risk management procedures, that will allow the product to go-live.

Question # 14

An organization has integrated its enterprise resource planning system into its centralized Identity and Access Management (IAM) system to automate provisioning of access. A security audit revealed that privileged access granted within the ERP system is not visible in the IAM system. Which of the following controls BEST mitigates this risk?

Implement step-up authentication for privileged functions within the ERP system.

Implement a periodic review of privileged access within the ERP system.

Implement an automated reconciliation process between ERP and IAM systems.

Implement a periodic review of all ERP access within the IAM system.