CPIM KeY Compulsory Exam Questions And CORRECT Answers

Actual Asset Life Maintenance Cost as % of Replacement Value The process of identifying, prioritizing, and considering, as a whole with constituent parts, all sources of demand in the delivery of a product or service. Actual-to Theoretical Cycle Time The process of identifying, prioritizing, and considering, as a whole with constituent parts, all sources of demand for a product or service in the supply chain. Administrative Costs Associated with In-Transit Handling/Movement of In-Process Product The process of identifying, prioritizing, and considering as a whole with constituent parts, all sources of demand in the creation of a product or service. Asset Turns The process of identifying, prioritizing, and considering as a whole with constituent parts, all requirements that must be satisfied by the supply chain execution. Average days per Engineering Change Courses of action over specified time periods that represent a projected appropriation of total supply-chain resources to meet total supplychain demand requirements.