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APICS CPIM-SMR Exam (page: 3)
APICS CPIM Strategic Management of resources
Updated on: 24-Mar-2026

Viewing Page 3 of 49
CPIM-SMR PDF 245 Questions

A successful Employee involvement program includes which of the following?

I) Common understanding of the empIoyee’s role in the plant
II) Management clearly defining the problems to be solved
III) Provide teams with authority to change work process
IV. Developing a rewards system

  1. I, III, & IV Only
  2. I, II, & IV Only
  3. II, III, & IV Only
  4. I, II, & III Only

Answer(s): A

Explanation:

A successful Employee involvement program includes which of the following?
1. Common understanding of the empIoyee's role in the plant
2. Provide teams with authority to change work process
3. Developing a rewards system
In an employee involvement program should not have management defining the problems to be solved



Which of the following in a modern company is the LOWEST cost element?

  1. Labor Cost
  2. Material Cost
  3. Inventory Cost
  4. Overhead Cost

Answer(s): A

Explanation:

In a modern company labor cost is usually the lowest and material is the highest. Inventory is not a cost element because it is considered an overhead cost.



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

  1. I, III, & IV
  2. II, III, & IV
  3. I, II, & IV
  4. I, II, & III

Answer(s): C

Explanation:

Principles of a strategic revolution
1. The bottleneck is at the top of the bottle
2. Strategic planning isn’t strategic
3. Strategy planning must be subversive
4. Planning must be different than strategizing
5. Planning is about programming, strategizing is about discovery
6. Planning is for technocrats
7. Strategizing is for dreamers
Plan then strategize is not a principle of the strategic revolution



To purchase a new hole-boring machine to increase capacity of the plant would be considered what?

  1. Supply Investment
  2. Capacity Investment
  3. A financial Investment
  4. A capital investment

Answer(s): D

Explanation:

To purchase a new hole-boring machine to increase capacity of the plant would be considered a capital investment because investing in the future of the company.



To purchase a new hole-boring machine to increase capacity of the plant would be considered what?

  1. Supply Investment
  2. Capacity Investment
  3. A financial Investment
  4. A capital investment

Answer(s): D

Explanation:

To purchase a new hole-boring machine to increase capacity of the plant would be considered a capital investment because investing in the future of the company.



Viewing Page 3 of 49



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