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APICS CPIM Exam 1 Questions & Answers 2024/2025

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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 rep...

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CPIM Exam Study Guide Part 1 Sec 2 Questions & Answers 2024/2025

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CPIM Exam Study Guide Part 1 Sec 2 Questions & Answers 2024/2025 How does enterprise resources planning (ERP) differ from manufacturing resource planning? - ANSWERSERP does not dwell on manufacturing alone. After an order is released, it turns out that not all of the resources needed are ava...

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APICS CPIM MODULE 1 EXAM QUESTIONS & ANSWERS 2024/2025

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APICS CPIM MODULE 1 EXAM QUESTIONS & ANSWERS 2024/2025 strategic plan - ANSWERSexamines "how to marshal and determine actions to support the mission, goals, and objectives of an organization business plan - ANSWERSa statement of long range strategy and revenue, cost, and profit objectives u...

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CPIM Exam Part 1 Questions & Answers 2024/2025

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CPIM Exam Part 1 Questions & Answers 2024/2025 Supply Chain Management - ANSWERSThe 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 supp...

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CPIM Practice Exam Questions & Answers 2024/2025

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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 o...

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APICS CPIM Exam Part 2 Questions & Answers 2024/2025

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APICS CPIM Exam Part 2 Questions & Answers 2024/2025 14 Points - ANSWERSW. Edwards Deming's 14 management practices to help companies increase their quality and productivity A3 Method - ANSWERSA means of compactly describing a business process Abnormal Demand - ANSWERSDemand in any perio...

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CPIM Exam 1 Questions & Answers 2024/2025

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CPIM Exam 1 Questions & Answers 2024/2025 Line Haul Cost - ANSWERSThe cost to operate the vehicle, whether it is half empty or full, is the same basic cost. What does alter is the distance that is traveled. Terminal Handling - ANSWERSThe cost of handling a shipment several times. When full l...

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APICS-CPIM Exam 1 Questions & Answers 2024/2025

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APICS-CPIM Exam 1 Questions & Answers 2024/2025 t/f: ERP systems coordinate multiple databases used to gather and maintain the firm's essential data - ANSWERSfalse Which of the following are aspects of ERP systems? 1. Multifunctional- able to provide data concerning many parts of the firm...

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CPIM Exam Part 1 Questions & Answers 2024/2025

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CPIM Exam Part 1 Questions & Answers 2024/2025

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CPIM Exam Part 1 Questions & Answers 2024/2025

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CPIM Exam Part 1 Questions & Answers 2024/2025 Planned Backlog - ANSWERSPrevious Planned Backlog + Planned Input - Planned Output Actual Backlog - ANSWERSPrevious Actual Backlog + Actual Input - Actual Output Throughput Formula - ANSWERSRevenues Received - Variable Costs/ Units of Time P...

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APIC CPIM Practice Exam Part 1 Questions & Answers 2024/2025

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APIC CPIM Practice Exam Part 1 Questions & Answers 2024/2025 The ability of a company to address the needs of and inquiries and requests from customers refers to: on-time delivery. customer service. order fill rates. customer relationship management. - ANSWERScustomer service.: Customer se...

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