Apics cpim part 2 Study guides, Class notes & Summaries
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APICS CPIM Exam Part 2 Module 2
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APICS CPIM Exam Part 2 Module 2 
decoupling point -Answer-point at which inventory is stored, which allows supply chain to 
operate independently 
mass customization -Answer-creation of high volume product with large variety where 
customers can choose an exact model out of a large pool of possible end items 
least squares method -Answer-selects a line of best fit through a plot of data to minimize the sum 
of square of the deviations 
multiple regression model -Answer-an equation that describes...
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APICS CPIM Exam Part 2 (Practice Exam Questions) Answered to Score A+
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APICS CPIM Exam Part 2 (Practice Exam 
Questions) Answered to Score A+ 
1. Describe problem 2. Establish cause categories 3. identify causes 4. prioritize causes -Answer- 
Steps to identify Root Cause 
can use finite capacity planning -Answer-how APS is different from traditional PS 
demand-pull originates with the customer -Answer-lean production methods 
all inventories decrease -Answer-with total quality management 
master planning -Answer-DRP should directly interface with 
senior management...
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CPIM PART 2 EXAM TEST WITH COMPLETE SOLUTIONS RATED A GUIDE.
- Exam (elaborations) • 50 pages • 2023
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CPIM PART 2 EXAM TEST WITH COMPLETE SOLUTIONS RATED A GUIDE.CPIM PART 2 EXAM TEST WITH COMPLETE SOLUTIONS RATED A GUIDE.CPIM PART 2 EXAM TEST WITH COMPLETE SOLUTIONS RATED A GUIDE.CPIM PART 2 EXAM TEST WITH COMPLETE SOLUTIONS RATED A GUIDE.CPIM PART 2 EXAM TEST WITH COMPLETE SOLUTIONS RATED A GUIDE.CPIM PART 2 EXAM TEST WITH COMPLETE SOLUTIONS RATED A GUIDE.CPIM PART 2 EXAM TEST WITH COMPLETE SOLUTIONS RATED A GUIDE.CPIM PART 2 EXAM TEST WITH COMPLETE SOLUTIONS RATED A GUIDE.CPIM PART 2 ...
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APICS CPIM Part 1, Module 5|Complete With A+ Graded Answers
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APICS CPIM Part 1, Module 5|Complete With A+ Graded Answers 
Inventory on the balance sheet at the end of the last year was $5,000,000. Inventory at the end of this year was $4,000,000. Last year's annual cost of goods sold (COGS) was $3,000,000. This year's annual COGS was $2,300,000. What is this year's inventory turnover? 
0.511 times 
 
EXPLANATION: 
Inventory Turnover = Annual COGS/Average Inventory in Dollars. Average Inventory = (Inventory at Period Start + Inventory at Period End)/2. ...
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APICS CPIM Part 1 Questions and Answers
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APICS CPIM Part 1 Questions and Answers 
Pareto Chart -Answer-graphical tool used for ranking causes from most to least significant 
TQM: Employee Involvement -Answer-TQM is everyone's responsivbility and this means 
everyone needs to commit to not only doing their jobs but improving. Cross-training, training on 
quality, training problem solving and root cause analysis achieve this goal 
Voice of the Customer -Answer-The actual customer descriptions in words for the functions and 
features the...
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CPIM PART 2 PRACTICE EXAM 2 WITH COMPLETE SOLUTIONS RATED A GUIDE.
- Exam (elaborations) • 15 pages • 2023
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CPIM PART 2 PRACTICE EXAM 2 WITH COMPLETE SOLUTIONS RATED A GUIDE.CPIM PART 2 PRACTICE EXAM 2 WITH COMPLETE SOLUTIONS RATED A GUIDE.CPIM PART 2 PRACTICE EXAM 2 WITH COMPLETE SOLUTIONS RATED A GUIDE.CPIM PART 2 PRACTICE EXAM 2 WITH COMPLETE SOLUTIONS RATED A GUIDE.CPIM PART 2 PRACTICE EXAM 2 WITH COMPLETE SOLUTIONS RATED A GUIDE.CPIM PART 2 PRACTICE EXAM 2 WITH COMPLETE SOLUTIONS RATED A GUIDE.CPIM PART 2 PRACTICE EXAM 2 WITH COMPLETE SOLUTIONS RATED A GUIDE.CPIM PART 2 PRACTICE EXAM 2 WIT...
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APICS CPIM EXAM PART 2 STUDY GUIDE 2022 NEW UPDATED
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APICS CPIM EXAM PART 2 STUDY GUIDE 2022 NEW UPDATED
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APICS/CPIM EXAM 1 COMPLETE QUESTIONS WITH CORRECT ANSWERS
- Exam (elaborations) • 14 pages • 2024
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APICS/CPIM EXAM 1 COMPLETE QUESTIONS 
WITH CORRECT ANSWERS. 
ABC classification -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...
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APICS CPIM PART 1 V7 MODULE 5 2023 NEW EXAM SOLUTION
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APICS CPIM PART 1 V7 MODULE 5 2023 NEW EXAM SOLUTION 
 
ABC classification - The classification of a group of items in decreasing order of annual dollar volume (price multiplied by projected volume) or other criteria. This array is then split into three classes [...]. The [first] group usually represents 10 percent to 20 percent by number of items and 50 percent to 70 percent by projected dollar volume. The next grouping [...] usually represents about 20 percent of the items and about 20 percent...
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APICS CPIM - Part 1 Module 5 Exam Questions With 100% Correct Answers
- Exam (elaborations) • 11 pages • 2024
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APICS CPIM - Part 1 Module 5 Exam 
Questions With 100% Correct Answers 
Inventory on the balance sheet at the end of the last year was $5,000,000. Inventory at the end 
of this year was $4,000,000. Last year's annual cost of goods sold (COGS) was $3,000,000. This 
year's annual COGS was $2,300,000. What is this year's inventory turnover? - answer0.511 
times 
EXPLANATION: 
Inventory Turnover = Annual COGS/Average Inventory in Dollars. Average Inventory = 
(Inventory at Period Start + Inventor...
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