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CPIM Certification CH 3 BUNDLED EXAMS 2023 WITH 100% CORRECT SOLUTIONS
CPIM Certification CH 3 EXAM 2023 WITH 100% CORRECT SOLUTIONS CPIM Practice Exam 2023 WITH 100% CORRECT ANSWERS
[Show more]CPIM Certification CH 3 EXAM 2023 WITH 100% CORRECT SOLUTIONS CPIM Practice Exam 2023 WITH 100% CORRECT ANSWERS
[Show more]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 6...
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Add to cartABC 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 6...
Supply Chain Management 
The design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronizing supply with demand, and measuring performance globally 
 
 
 
Va...
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Add to cartSupply Chain Management 
The design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronizing supply with demand, and measuring performance globally 
 
 
 
Va...
14 Points 
W. Edwards Deming's 14 management practices to help companies increase their quality and productivity 
 
 
 
A3 Method 
A means of compactly describing a business process 
 
 
 
 
 
 
00:21 
 
01:47 
Abnormal Demand 
Demand in any period that is outside the limits established by manageme...
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Add to cart14 Points 
W. Edwards Deming's 14 management practices to help companies increase their quality and productivity 
 
 
 
A3 Method 
A means of compactly describing a business process 
 
 
 
 
 
 
00:21 
 
01:47 
Abnormal Demand 
Demand in any period that is outside the limits established by manageme...
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 
 
 
 
 
 
 
00:...
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Add to cartwhich 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 
 
 
 
 
 
 
00:...
How does enterprise resources planning (ERP) differ from manufacturing resource planning? 
ERP does not dwell on manufacturing alone. 
 
 
 
After an order is released, it turns out that not all of the resources needed are available. What will happen next? 
There will be idle capacity at some work c...
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Add to cartHow does enterprise resources planning (ERP) differ from manufacturing resource planning? 
ERP does not dwell on manufacturing alone. 
 
 
 
After an order is released, it turns out that not all of the resources needed are available. What will happen next? 
There will be idle capacity at some work c...
A work center is receiving enough work, but it is not performing to plan. To detect problems in this work center, the planner should compare: 
actual output to planned output. 
 
 
 
A company is experiencing a change in demand from steady to sporadic. It currently uses economic order quantity (EOQ)...
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Add to cartA work center is receiving enough work, but it is not performing to plan. To detect problems in this work center, the planner should compare: 
actual output to planned output. 
 
 
 
A company is experiencing a change in demand from steady to sporadic. It currently uses economic order quantity (EOQ)...
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: 
I...
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Add to cartInventory 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: 
I...
Demand management includes which of the following activities? 
I. Forecasting 
II. Product shipping 
III. Entering customer orders 
A. I only 
B. II only 
C. III onl 
D. I and III 
D 
 
 
 
Demand management is the firm's connection to which of the following entities? 
A. Suppliers 
B. Employees 
C...
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Add to cartDemand management includes which of the following activities? 
I. Forecasting 
II. Product shipping 
III. Entering customer orders 
A. I only 
B. II only 
C. III onl 
D. I and III 
D 
 
 
 
Demand management is the firm's connection to which of the following entities? 
A. Suppliers 
B. Employees 
C...
Which of the following tools is considered an important quality management tool? 
Control Chart. The primary use of control charts is to detect assignable causes of variation in a process. 
 
 
 
In a bill of material, the path that adds up to the greatest number of lead time periods defines the: 
C...
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Add to cartWhich of the following tools is considered an important quality management tool? 
Control Chart. The primary use of control charts is to detect assignable causes of variation in a process. 
 
 
 
In a bill of material, the path that adds up to the greatest number of lead time periods defines the: 
C...
ABC CLassification 
The classification of a group of items in decreasing order of annual dollar volume or other criteria 
 
 
 
Advanced Planning and Scheduling (APS) 
Techniques that deal with analysis and planning of logistics and manufacturing during short, intermediate, and long-term time period...
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Add to cartABC CLassification 
The classification of a group of items in decreasing order of annual dollar volume or other criteria 
 
 
 
Advanced Planning and Scheduling (APS) 
Techniques that deal with analysis and planning of logistics and manufacturing during short, intermediate, and long-term time period...
Machine utilization can be increased by: 
reducing unplanned downtime. 
 
 
 
A compound used to clean manufacturing equipment would be classified as which of the following types of inventory? 
Maintenance, repair, and operating supplies 
 
 
 
Mean time to repair (MTTR) is the average time: 
of pro...
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Add to cartMachine utilization can be increased by: 
reducing unplanned downtime. 
 
 
 
A compound used to clean manufacturing equipment would be classified as which of the following types of inventory? 
Maintenance, repair, and operating supplies 
 
 
 
Mean time to repair (MTTR) is the average time: 
of pro...
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