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APICS CPIM Part 1 Section A Exam Questions And Answers 100% Solved

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APICS CPIM Part 1 Section A Exam Questions And Answers 100% Solved Which of the following is a planned series of actions or operations that advances a material or procedure from one stage of completion to another? work-in-process. task. process. project. - answerC. process Which of the following entities or conditions impacts demand by providing expectations that products will be sold at a fair price, that higher quality is required, that delivery lead time is negligible, that before- and after-sales service is available, and that products and their volumes are flexible? sales & marketing. competition. customs. customers. - answercustomers A statement of long-range strategy and revenue, cost, and profit objectives usually accompanied by budgets, a projected balance sheet, and a cash flow is called a: hoshin plan. strategic plan. resource plan. business plan. - answerbusiness plan. The competitive characteristics that a firm must exhibit to be a viable competitor in the marketplace are known as: customer preferences. a competitive advantage. order winners. order qualifiers. - answerorder qualifiers. The price for a product must fall within a certain range for a supplier to be considered by potential customers. This condition is known as an order: premise. winner. confirmation. qualifier. - answerqualifier. Which of the following terms refers to a measure of satisfying demand through inventory or through a production schedule that satisfies the customers' requested delivery dates and quantities? Order fill rate Level of service Schedule attainment Customer satisfaction - answerlevel of service. Which of the following entities or conditions impacts customer demand through regulations in areas such as safety, liability, taxes, or the environment? Economy Quality Competition Government - answerGovernment. Which of the following is an advantage of s

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CPIM - Certified In Production & Inventory Management
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