Apim Guides d'étude, Notes de cours & Résumés

ABC classification CORRECT ANSWER Process of classifying items in descending order based on annual dollar volume or some other criteria. The list is then split into 3 classes - A, B, and C. A represents 10-20% of items but 50-70% of dollar volume; B represents 20% of items and 20% of dollar volume; C represents 60-70% of items but 10-30% of dollar volume. This principle states that effort and money can be saved by applying looser controls to the low dollar volume items (C class) than the higher ...

ABC classification - correct answer Process of classifying items in descending order based on annual dollar volume or some other criteria. The list is then split into 3 classes - A, B, and C. A represents 10-20% of items but 50-70% of dollar volume; B represents 20% of items and 20% of dollar volume; C represents 60-70% of items but 10-30% of dollar volume. This principle states that effort and money can be saved by applying looser controls to the low dollar volume items (C class) than the hig...

APICS CPIM Exam Part 2 Questions & Answers 2024/2025 14 Points - ANSWERSW. Edwards Deming's 14 management practices to help companies increase their quality and productivity A3 Method - ANSWERSA means of compactly describing a business process Abnormal Demand - ANSWERSDemand in any period that is outside the limits established by management policy Absorption Costing - ANSWERSAn approach to inventory valuation in which variable costs and a portion of fixed costs are assigned to eac...

14 Points CORRECT ANSWER W. Edwards Deming's 14 management practices to help companies increase their quality and productivity A3 Method CORRECT ANSWER A means of compactly describing a business process Abnormal Demand CORRECT ANSWER Demand in any period that is outside the limits established by management policy Absorption Costing CORRECT ANSWER An approach to inventory valuation in which variable costs and a portion of fixed costs are assigned to each unit production. Acceptable Q...

APIC CPIM Practice Exam Part 1 Questions & Answers 2024/2025 The ability of a company to address the needs of and inquiries and requests from customers refers to: on-time delivery. customer service. order fill rates. customer relationship management. - ANSWERScustomer service.: Customer service is the ability of a company to address the needs of and inquiries and requests from customers. Which of the following is included in the cost of goods sold? Standard cost General and admini...

APICS CPIM Exam 1 Questions & Answers 2024/2025 ABC classification - ANSWERSProcess of classifying items in descending order based on annual dollar volume or some other criteria. The list is then split into 3 classes - A, B, and C. A represents 10-20% of items but 50-70% of dollar volume; B represents 20% of items and 20% of dollar volume; C represents 60-70% of items but 10-30% of dollar volume. This principle states that effort and money can be saved by applying looser controls to the low...

APIC's CPIM Part 1 Practice Exams Questions With 100% Correct Answers.

APICS CPIM Part 1, Module 5 (All) PASSED!!

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14 Points correct answers W. Edwards Deming's 14 management practices to help companies increase their quality and productivity A3 Method correct answers A means of compactly describing a business process Abnormal Demand correct answers Demand in any period that is outside the limits established by management policy Absorption Costing correct answers An approach to inventory valuation in which variable costs and a portion of fixed costs are assigned to each unit production. Acceptab...