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

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...

APICS CPIM Exam Part 2 Module 2 Questions With 100% Correct Answers 2024 decoupling point - answerpoint at which inventory is stored, which allows supply chain to operate independently mass customization - answercreation 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 - answerselects a line of best fit through a plot of data to minimize the sum of square of the deviations multiple regressio...

APICS CPIM Exam Part 2 Module 2 decoupling point -Answer-point at which inventory is stored, which allows supply chain to operate independently mass customization -Answer-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 -Answer-selects a line of best fit through a plot of data to minimize the sum of square of the deviations multiple regression model -Answer-an equation that describes...

APICS CPIM Exam Part 2 Module 2 decoupling point -Answer-point at which inventory is stored, which allows supply chain to operate independently mass customization -Answer-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 -Answer-selects a line of best fit through a plot of data to minimize the sum of square of the deviations multiple regression model -Answer-an equation that describes...

APICS CPIM Exam Part 2 Module 2 Questions With 100% Correct Answers 2024 decoupling point - answerpoint at which inventory is stored, which allows supply chain to operate independently mass customization - answercreation 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 - answerselects a line of best fit through a plot of data to minimize the sum of square of the deviations multiple regressio...

APICS CPIM Exam Part 2 Module 2 | updated 2023/24 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 th...

CPIM EXAM PART 1 REVIEW QUESTIONS & ANSWERS 100% SOLVED The most common sequence for processing products in a supply chain is: A. supplier, manufacturer, customer. B. manufacturer, customer, supplier. C. distributor, retailer, supplier. D. retailer, supplier, manufacturer. A. supplier, manufacturer, customer. Which of the following terms pertains to the design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a c...

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...

CPIM Part 1 Exam Practice Questions And Answers 100% Solved Which of the following tools is considered an important quality management tool? - answerControl Chart. The primary use of control charts is to detect assignable causes of variation in a process. In a bill of material, the path that adds up to the greatest number of lead time periods defines the: - answerCumulative lead time; cumulative lead time for an items consists of the longest lead time path for a given bill of material. De...

CPIM Part 1 Exam Practice Questions And Answers 100% Solved Which of the following tools is considered an important quality management tool? - answerControl Chart. The primary use of control charts is to detect assignable causes of variation in a process. In a bill of material, the path that adds up to the greatest number of lead time periods defines the: - answerCumulative lead time; cumulative lead time for an items consists of the longest lead time path for a given bill of material. De...