Exam (elaborations)
APICS CPIM PART 1 SECTION A EXAM 2024/2025
- Course
- Institution
APICS CPIM PART 1 SECTION A EXAM 2024/2025
[Show more]
Content preview
APICS CPIM PART 1 SECTION A EXAM2024/2025
Which of the following is a planned series of actions or operations that advances a material or procedure
from one stage of completion to another?
work-in-process.
task.
process.
project. - Precise Answer ✔✔C. process
Which of the following entities or conditions impacts demand by providing expectations that products
will be sold at a fair price, that higher quality is required, that delivery lead time is negligible, that
before- and after-sales service is available, and that products and their volumes are flexible?
sales & marketing.
competition.
customs.
customers. - Precise Answer ✔✔customers
A statement of long-range strategy and revenue, cost, and profit objectives usually accompanied by
budgets, a projected balance sheet, and a cash flow is called a:
,hoshin plan.
strategic plan.
resource plan.
business plan. - Precise Answer ✔✔business plan.
The competitive characteristics that a firm must exhibit to be a viable competitor in the marketplace are
known as:
customer preferences.
a competitive advantage.
order winners.
order qualifiers. - Precise Answer ✔✔order qualifiers.
The price for a product must fall within a certain range for a supplier to be considered by potential
customers. This condition is known as an order:
, premise.
winner.
confirmation.
qualifier. - Precise Answer ✔✔qualifier.
Which of the following terms refers to a measure of satisfying demand through inventory or through a
production schedule that satisfies the customers' requested delivery dates and quantities?
Order fill rate
Level of service
Schedule attainment
Customer satisfaction - Precise Answer ✔✔level of service.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller YANCHY. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $16.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
81989 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now