Expediting - Study guides, Class notes & Summaries
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CIPS L4M1 EXAM 20242025 WITH GUARANTEED ACCURATE ANSWERS |VERIFIED
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Tangible - Accurate Answers An item or product which you are able to touch, feel and, importantly, measure 
 
Intangible - Accurate Answers Something you cannot physically see or touch 
 
Strategic - Accurate Answers High level planning, including setting direction and long-term goals 
 
Inventory - Accurate Answers Components, raw materials, work in progress, finished goods and suppliers required for the creation of goods and services for the customer. It can also refer to the number of units a...
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CNML & NE-BC study cards Questions and Correct Verified Answers Latest Version
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What is the purpose of a job description? 
 A job description outlines the job duties to a potential or new 
employee, explains the boundaries of the scope of practice, and 
provides direction for the new employee about what performance 
measures will be assessed at evaluation time. 
Why should you avoid starting new staff before they attend general 
orientation? 
 Expediting an employee orientation is not a good idea because 
general orientation provides an opportunity to connect the emplo...
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CNML & NE-BC questions with complete solutions Latest Updated 2024/2025
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CNML & NE-BC questions with complete solutions Latest Updated 2024/2025 
What is the purpose of a job description? - Correct Answer A job description outlines the job duties to a potential or new employee, explains the boundaries of the scope of practice, and provides direction for the new employee about what performance measures will be assessed at evaluation time. 
 
Why should you avoid starting new staff before they attend general orientation? - Correct Answer Expediting an employee orientat...
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CIPS Level 4 Module 1 |215 Questions and Answers(A+ Solution guide)
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The Purchasing process - 1. Define Specification. 
2. Select Supplier 
3. Contract Agreement 
4. Ordering 
5. Expediting 
6. Evaluation Follow up 
Definition of Procurement & Supply - recognition of the fact that the purchasing function has a 
role in not just "buying inputs" but in "securing supply" 
Direct Costs - These are costs which can be identified directly with the production of a good or 
service; e.g. raw materials. 
Usually strategic or leverae suppliers 
Indirect Costs - These ar...
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DIFS Funeral Service Law Exam 1 Questions and Answers, Graded to Pass
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Funeral Service/Mortuary Law - cORRECT sOLUTION Derived largely from Anglo American common law, that distinct branch of law which deals with rules of conduct & action governing funeral directors 
 
Sources of Funeral Service Law - cORRECT sOLUTION Rules & principles of mortuary law, historically, are the expressions of rules & principles of action & conduct which society by experience has found necessary & beneficial in expediting task of disposing of the dead 
1. Constitutional 
2. Legislative ...
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CMIT Exam (200 multiple choice) Questions with Verified Answers,100% CORRECT
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CMIT Exam (200 multiple choice) Questions with Verified Answers 
 
A CM's role and responsibilities are governed solely by the Owner/CM Agreement. 
True False - CORRECT ANSWER True 
 
There are two basic forms of CM, agency and at-risk. Each form provides for the basic services of construction management practice. However, there are some key differences. Which of the following do not apply to both CM forms? 
A) Both forms provide advice to the owner on constructibility, budget and the schedule....
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MGT 301 Chapter 12 || with Complete Solutions.
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Independent Demand correct answers Demand for items that are considered end items that go directly to a customer, and for which demand is influenced by market conditions and not related to inventory decisions for another item. 
 
Dependent Demand correct answers Demand for items that are used to make another item or are considered to be parts of another item. 
 
MRP (Material Requirements Planning) correct answers A computer-based system that develops plans for ordering and producing dependent d...
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Dustin Cole SCMN 3730 Final Exam with Verified Answers
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Dustin Cole SCMN 3730 Final Exam with 
 
Verified Answers 
 
Kraljic's purchasing matric 
High : Leverage, Strategic 
Low: Non- Critical, Critical/Bottle Neck 
Low,High 
Kraljic's purchasing requirements and focus 
- Strategic item's 
- Bottleneck item's 
- Leverage item's 
- non-critical item's 
Kraljic's management types 
- Focus 
- KPI 
- Typical Suppliers 
- Time Horizon 
- Item's purchased 
- Supply 
- Decision authority 
economies of scale 
 
Occur when costs per unit decline as th...
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CSCP LATEST UPDATE WITH VERIFIED SOLUTIONS
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CSCP LATEST UPDATE WITH VERIFIED 
 
SOLUTIONS 
 
available-to-promise (ATP) 1) In operations, the uncommitted portion of a company's 
inventory and planned production maintained in the master schedule to support customer-order 
promising. [This] quantity is the uncommitted inventory balance in the first period and is 
normally calculated for each period in which an MPS receipt is scheduled. In the first period, 
[this] includes on-hand inventory less customer orders that are due and overdue. Th...
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Property and Casualty Exam- Louisiana Verified Answers
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Property and Casualty Exam- Louisiana Verified Answers 
A $100,000 house insured on a policy with an 80% coinsurance requirement has a fire that caused 
$40,000 of damage; the owner has a policy with $60,000 coverage. How much can the owner collect for 
his loss? ️$30,000 
A beauty parlor burns to the ground. What type of loss is this to the owner? ️Direct loss 
A boatowners policy does NOT cover ️Nuclear hazards. 
A building insured with commercial property insurance has been vacant...
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