Decoupling inventory Study guides, Class notes & Summaries

APICS CPIM Exam Part 2 Module 2 Questions With 100% Correct Answers 2024 decoupling point - answerpoint at which inventory is stored, which allows supply chain to operate independently mass customization - answercreation 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 - answerselects a line of best fit through a plot of data to minimize the sum of square of the deviations multiple regressio...

BSCM Sample TEST. Questions and answers, 100% proven pass rate, Graded A+ Document Content and Description Below BSCM Sample TEST. 1. Which of the following demand fulfillment approaches typically provides the longest delivery time ? A) Engineer-to-order. B) Make-to-order. C) Assemble-to-order. D) Make-to-sto ck. 2. Which of the following is generally a characteristic of a product-focused layout ? A) Large queues at workstations. B) Fixed flow of work. C) Production to a work order. D) General...

Airway bill - A bill of lading for air transport that serves as a receipt for the shipper, indicates that the carrier has accepted the goods listed, obligates the carrier to carry the consignment to the airport of destination according to specified conditions. Advanced ship notice (ASN) - An electronic data interchange (EDI) notification of shipment of product. Aggregate inventory management - Establishing the overall level (dollar value) of inventory desired and implementing controls to a...

APICS CPIM Exam Part 2 Module 2 Questions With 100% Correct Answers 2024 decoupling point - answerpoint at which inventory is stored, which allows supply chain to operate independently mass customization - answercreation 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 - answerselects a line of best fit through a plot of data to minimize the sum of square of the deviations multiple regressio...

CPIM PART 2 PRETEST & PRACTICE EXAM 1 COMPLETE TRAIL 2022 EXAM Which of the following tools is best for identifying quality problems in a process? Cause-and-effect diagram Flowchart Gantt chart Check sheet - CORRECT ANSWER Cause-and-effect diagram The cause-and-effect diagram is a tool for analyzing the main causes and subcauses leading to an effect. It is also referred to as the Ishikawa diagram. Which of the following is the primary goal of distribution requirements planning (DR...

APICS CPIM Exam Part 2 Module 2 | updated 2023/24 decoupling point - point at which inventory is stored, which allows supply chain to operate independently mass customization - 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 - selects a line of best fit through a plot of data to minimize the sum of square of the deviations multiple regression model - an equation that describes th...

COB 300 Operations Chp 5 EXAM LATEST REAL EXAM 57 QUESTIONS AND CORRECT ANSWERS WITH RATIONALES|ALREDY GRADED A+ What are manufacturing processes? - ANSWER- processes used to make tangible goods. What is required to make something can be divided into 3 simple steps: Source, make, and deliver. Depending on the item being produced supply chain can be very long or very short, where parts are sourced and the product is made locally. Source: Parts are procured from suppliers Make: M...

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...

Airway bill A bill of lading for air transport that serves as a receipt for the shipper, indicates that the carrier has accepted the goods listed, obligates the carrier to carry the consignment to the airport of destination according to specified conditions. Advanced ship notice (ASN) An electronic data interchange (EDI) notification of shipment of product. Aggregate inventory management Establishing the overall level (dollar value) of inventory desired and implementing controls...

TRL3707 Exam Prep Sem 2. Logistics Activities. Discuss relative risks of inventory holding for the manufacturer, wholesaler & retailer. (6) Ref. Par. 2.2 Manufacturers - Inventory risk = Long Term - Commitment begins raw material & component parts purchase → work-in-progress → finished goods (ends). - Finished goods often positioned in warehouses in anticipation of customer demand - In some situations manufacturers are required to consign inventory to customer facilities (stock shelve...