Cpim Study guides, Class notes & Summaries

APICS CPIM MODULE 1 | 185 Questions and Answers 100% Correct

CPIM part 2 practice exam 2

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CPIM Exam 1 | 266 Questions and Answers 100% Correct

APICS CPIM Part 1, Module 5 (All) Questions and Answers 100% Verified Solutions

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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...

Random-Location Storage CORRECT ANSWER A storage technique in which parts are placed in any space that is empty when they arrive at the storeroom. Although this random method requires the use of a locator file to identify part locations, it often requires less storage space than a fixed-location storage method. Queue Time CORRECT ANSWER The amount of time a job waits at a work center before setup or work is performed on the job. Queue time is one element of total manufacturing lead time. Incr...