Safety stock buffer stock - Study guides, Class notes & Summaries
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APICS CPIM Part 1, Module 5 Exam Questions With 100% Correct Answers 2024
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APICS CPIM Part 1, Module 5 Exam 
Questions With 100% Correct Answers 2024 
inventory - answerThose stocks or items used to support production (raw materials and 
work-in-process items), supporting activities (maintenance, repair, and operating supplies), and 
customer service (finished goods and spare parts). Demand for inventory may be dependent or 
independent. Inventory functions are anticipation, hedge, cycle (lot size), fluctuation (safety, 
buffer, or reserve), transportation (pipeline), ...
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Woodshop Safety Questions and Answers Already Passed
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Woodshop Safety Questions and 
Answers Already Passed 
 
Safety instructions must be given before you are allowed to work on or operate any machine or 
______. tool 
 
You are not permitted to work on any equipment or machine if the ________ is not present. 
teacher 
 
Guards and safety devices must be on all machines during ______. operation 
 
Machinery must not be oiled or adjusted while in ______. use 
 
A machine must be started and stopped only by the ______. operator 
 
Do not leave a mac...
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CIPS L4M7 Whole Life Asset Management with 100% correct answers 2024/2025 passed
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CIPS L4M7 Whole Life Asset ManagementCauses of Obsolescence - correct answer Technical Change 
Cultural Change 
Legislation 
 
2D Barcode - correct answer 
 
Types of Stock - correct answer Opening Stock 
Raw Materials 
Secondary Components 
Work in Progress 
Finished Goods 
Safety/Buffer Stock 
Stockout 
 
Causes of Obselence - correct answer Technical Change 
Cultural Change 
Legislation 
 
Causes of Redundancy - correct answer Poor Forecasting if Demand 
Cancelled Orders due to Poor Rel...
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CSCP Module 1 Exam Questions & Answers 2023/2024
- Exam (elaborations) • 14 pages • 2023
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CSCP Module 1 Exam Questions & Answers 2023/2024 
 
 
Decoupling - ANSWER-Creating independence between supply and use of material. Commonly denotes providing inventory between operations so that fluctuations in the production rate of the supplying operation do not constrain production or use rates of the next operation. 
 
gross margin - ANSWER-The difference between total revenue and cost of goods sold 
 
optimization - ANSWER-Achieving the best possible solution to a problem in terms of a spe...
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L4M7 - Chapter 2: Exam Review Questions and answers, VERIFIED/| LATEST UPDATE | EXAM PREDICTION QUESTIONS |
- Exam (elaborations) • 18 pages • 2024
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L4M7 - Chapter 2: Exam Review 
Questions and answers, VERIFIED/ 
Examples of opening stock - -- raw materials at the start of the maufacturing process 
- Items in a store which are completed and ready for despatch 
Factors that show how much stock needs to be held at each stage - -- Must be sufficient raw 
materials and components to ensure that the production can be kept running at its optimal efficiency 
level without disruptions or downtime 
- Work in progress should be literally 'in prog...
Too much month left at the end of the money?
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APICS CPIM Part 1, Module 5 Exam Questions With 100% Correct Answers 2024
- Exam (elaborations) • 18 pages • 2024
- Available in package deal
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- $12.49
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APICS CPIM Part 1, Module 5 Exam 
Questions With 100% Correct Answers 2024 
inventory - answerThose stocks or items used to support production (raw materials and 
work-in-process items), supporting activities (maintenance, repair, and operating supplies), and 
customer service (finished goods and spare parts). Demand for inventory may be dependent or 
independent. Inventory functions are anticipation, hedge, cycle (lot size), fluctuation (safety, 
buffer, or reserve), transportation (pipeline), ...
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Supply Chain Management Exam 3 Questions Fully Solved.
- Exam (elaborations) • 10 pages • 2024
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Inventory - Answer Supply of resources; materials, goods, and commodities 
 
Raw Material - Answer A good purchased at basic form in order to go into another good being made 
 
Work in Process - Answer Inventory being turned into final product; various stages 
 
Bottleneck - Answer Slowest part of work in process determines maximum amount of capacity; inventory builds up 
 
Finished Goods - Answer Final product of production process; value added; available for sale 
 
Safety Stock...
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P370 Final Exam Questions With Correct Solutions.
- Exam (elaborations) • 10 pages • 2024
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P370 Final Exam Questions With Correct Solutions. 
Aggregate Production Planning Section 
8 Questions: 
6 Conceptual 
2 Quantitative 
 
 
Aggregate Production Planning (APP) 
A managerial statement of time-phased production rates, workforce levels, and inventory investment, which takes into account customer requirements and capacity limitations. 
 
 
APP..... 
Helps you attain in the best way possible the objective(s) set. 
 
 
Characteristics of Aggregate Production Planning 
1. Aggregate 
2. T...
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P370 Final Exam Questions With Correct Solutions.
- Exam (elaborations) • 10 pages • 2024
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P370 Final Exam Questions With Correct Solutions. 
Aggregate Production Planning Section 
8 Questions: 
6 Conceptual 
2 Quantitative 
 
 
Aggregate Production Planning (APP) 
A managerial statement of time-phased production rates, workforce levels, and inventory investment, which takes into account customer requirements and capacity limitations. 
 
 
APP..... 
Helps you attain in the best way possible the objective(s) set. 
 
 
Characteristics of Aggregate Production Planning 
1. Aggregate 
2. T...
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CIPS L4M7 Whole Life Asset Management Exam Questions With Verified Answers
- Exam (elaborations) • 5 pages • 2024
- Available in package deal
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- $10.49
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CIPS L4M7 Whole Life Asset Management 
Exam Questions With Verified Answers 
Causes of Obsolescence - answerTechnical Change 
Cultural Change 
Legislation 
2D Barcode - answer 
Types of Stock - answerOpening Stock 
Raw Materials 
Secondary Components 
Work in Progress 
Finished Goods 
Safety/Buffer Stock 
Stockout 
Causes of Obselence - answerTechnical Change 
Cultural Change 
Legislation 
Causes of Redundancy - answerPoor Forecasting if Demand 
Cancelled Orders due to Poor Relationship 
Oversto...
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