Apics part 1 exam - Study guides, Class notes & Summaries

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. - Answer customer service.: Customer service is the ability of a company to address the needs of and inquiries and requests from customers. Which of the following is included in the cost of goods sold? Standard cost General and administrative expenses Revenue Overhead - Answer Overhead: The cost of...

APICS CPIM Exam Part 2|Complete Questions with A+ Graded Answers 1. Describe problem 2. Establish cause categories 3. identify causes 4. prioritize causes Steps to identify Root Cause can use finite capacity planning how APS is different from traditional PS demand-pull originates with the customer lean production methods all inventories decrease with total quality management master planning DRP should directly interface with senior management to influence the aggre...

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APICS/CPIM EXAM 1 COMPLETE QUESTIONS WITH CORRECT ANSWERS. ABC classification -Answer-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 60-70% of items but 10-30% of dollar volume. This principle states that effort and money can be saved by applying looser controls...

APICS CPIM Exam Part 2 Questions With 100% Correct Answers 1. Describe problem 2. Establish cause categories 3. identify causes 4. prioritize causes - answerSteps to identify Root Cause can use finite capacity planning - answerhow APS is different from traditional PS demand-pull originates with the customer - answerlean production methods all inventories decrease - answerwith total quality management master planning - answerDRP should directly interface with senior management to influenc...

APICS CPIM Exam Part 2 Questions With 100% Correct Answers 1. Describe problem 2. Establish cause categories 3. identify causes 4. prioritize causes - answerSteps to identify Root Cause can use finite capacity planning - answerhow APS is different from traditional PS demand-pull originates with the customer - answerlean production methods all inventories decrease - answerwith total quality management master planning - answerDRP should directly interface with senior management to influenc...

APICS CPIM Exam Part 2 Module 2 decoupling point point at which inventory is stored, which allows supply chain to operate independently mass customization creation of high volume product with large variety where customers can choose an exact model out of a large pool of possible end items least squares method selects a line of best fit through a plot of data to minimize the sum of square of the deviations multiple regression model an equation that describes the relationship b...

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APICS CPIM Exam Part 2 Questions With 100% Correct Answers 1. Describe problem 2. Establish cause categories 3. identify causes 4. prioritize causes - answerSteps to identify Root Cause can use finite capacity planning - answerhow APS is different from traditional PS demand-pull originates with the customer - answerlean production methods all inventories decrease - answerwith total quality management master planning - answerDRP should directly interface with senior management to influenc...

APICS CPIM Exam Part 2 (Practice Exam Questions) Answered to Score A+ 1. Describe problem 2. Establish cause categories 3. identify causes 4. prioritize causes -Answer- Steps to identify Root Cause can use finite capacity planning -Answer-how APS is different from traditional PS demand-pull originates with the customer -Answer-lean production methods all inventories decrease -Answer-with total quality management master planning -Answer-DRP should directly interface with senior management...