PIM Study guides, Class notes & Summaries

CPIM Practice Exam Questions & Answers 2024/2025 Creating an extensive distribution system in order to reduce shipment time to customers conflicts with which of the following objectives? - ANSWERSLowest distribution costs Which is set up when a product is available from several sources but only one source gets all of the business? - ANSWERSSingle-Source Supplier Which originated with the department or person who will be the ultimate user - ANSWERSPurchase requisition Which of the f...

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...

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

APICS CPIM EXAM WITH COMPLETE SOLUTIONS RATED A GUIDE.APICS CPIM EXAM WITH COMPLETE SOLUTIONS RATED A GUIDE.APICS CPIM EXAM WITH COMPLETE SOLUTIONS RATED A GUIDE.APICS CPIM EXAM WITH COMPLETE SOLUTIONS RATED A GUIDE.APICS CPIM EXAM WITH COMPLETE SOLUTIONS RATED A GUIDE.APICS CPIM EXAM WITH COMPLETE SOLUTIONS RATED A GUIDE.APICS CPIM EXAM WITH COMPLETE SOLUTIONS RATED A GUIDE.APICS CPIM EXAM WITH COMPLETE SOLUTIONS RATED A GUIDE.APICS CPIM EXAM WITH COMPLETE SOLUTIONS RATED A GUIDE.APICS...

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...

CPIM PART 2 PRACTICE EXAM QUESTIONS AND ANSWERS LATEST 2024. which of the following is the most appropriate first step in a significant organizational change? - establishing a sense of urgency that changes needed which of the following actions is most effective when load chronically exceeds average capacity - revising the master schedule continuous production processes would be most appropriate for which of the following - generation of electric power a plant refines a raw material until ...

strategic plan correct answers examines "how to marshal and determine actions to support the mission, goals, and objectives of an organization business plan correct answers a statement of long range strategy and revenue, cost, and profit objectives usually accompanied by budgets, a projected balance sheet, and a cash flow (source and application of funds) statement manufacturing planning hierarchy correct answers SMR, MPR, DSP, ECO competitive advantage correct answers the advantage a ...

APICS CPIM PART 2 WITH COMPLETE SOLUTIONS RATED A GUIDE.APICS CPIM PART 2 WITH COMPLETE SOLUTIONS RATED A GUIDE.APICS CPIM PART 2 WITH COMPLETE SOLUTIONS RATED A GUIDE.APICS CPIM PART 2 WITH COMPLETE SOLUTIONS RATED A GUIDE.APICS CPIM PART 2 WITH COMPLETE SOLUTIONS RATED A GUIDE.APICS CPIM PART 2 WITH COMPLETE SOLUTIONS RATED A GUIDE.APICS CPIM PART 2 WITH COMPLETE SOLUTIONS RATED A GUIDE.APICS CPIM PART 2 WITH COMPLETE SOLUTIONS RATED A GUIDE.APICS CPIM PART 2 WITH COMPLETE SOLUTIONS R...

APICS CPIM Exam 1 review update 2023/2024 ABC classification - 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 ...