CPIM – Formulas Exam 2024

CPIM – Formulas Exam 2024 Planned Backlog ANS-Previous Planned Backlog + Planned Input - Planned Output Actual Backlog ANS-Previous Actual Backlog + Actual Input - Actual Output Throughput Formula ANS-Revenues Received - Variable Costs/ Units of Time Period New Safety Stock ANS-Old Safety Stock x √New Lead Time/Old Lead Time Demand During Lead Time ANS-Units per Period x Lead Time Takt Time ANS-Available Production Time/Rate of Customer Demand Cycle Time Formula ANS-Process Time/Operators Ending PAB After Demand Time Fence ANS-Prior Period PAB + Scheduled MPS receipt - Greater of Customer Orders or FC Surplus or Shortfall ANS-Available Hours - Load Break even in units formula ANS-Fixed Cost/ (Price per Unit-Variable Cost per Unit) Forecasted Demand Formula ANS-Seasonal Index * Deseasonlized Period Forecast moving average forecast ANS-Sum of Demand of Most Recent Periods/Number of Periods Average Ordering Cost per order formula ANS-(fixed cost/number of orders)+variable cost Assets ANS-Liabilities + Owner's Equity Income ANS-Revenue - Expenses Average Inventory Formula ANS-(Beginning Inventory + Ending Inventory) / 2 inventory turnover formula ANS-cost of goods sold/average inventory Customer Service Level ANS-Orders or Period - Stockout chances per Period/Order per Period Gross Profit ANS-COGS - revenue Demand During Lead Time (DDLT) ANS-Annual Demand/Lead Time Target Level ANS-Demand during Lead Time + Demand during Review Time + Safety Stock Service Level ANS-Times must not be stockout/Orders per year Deseasonalized Demand ANS-Actual Seasonal Demand/Seasonal Index Net Requ