Advance ship notice asn - Study guides, Class notes & Summaries

CPIM EXAM QUESTIONS AND ANSWERS LATEST For the past six months, a manufacturer has experienced deviations from its forecasts. The monthly forecast deviations for the past six months are as follows: 15, -6, 12, 8, -18, and -4 units. What is the mean absolute deviation for these months? Ans To calculate the mean absolute deviation, first make each deviation positive and sum these absolute values: 15 + 6 + 12 + 8 + 18 + 4 = 63 units. Next divide by the number of periods (six): 63/6 = 10.5. Wh...

APICS CPIM Exam 1 2022 Graded A+

Loads may contain both unitized/palletized and floor loaded goods. (T/F) - ANSWER True Wheel chocks are one way to secure a vehicle before unloading. (T/F) - ANSWER True Two logistics students, Mark and Sarah, are discussing the receiving process in a logistics facility. Mark says that the receipt of goods into a warehouse/distribution center needs to be a carefully planned activity. Sarah says that schedules are unnecessary and that goods can arrive at the receiving dock at any time. Whic...

Which of the following terminology refers to protecting industries by restricting the amount of goods hat can be imported during a period of time? p.111 - ANSWER Qoutas Due to the global nature of the supply chain, logistics workers need to be able to work within an international environment. Which of the following terms refers to products made in one country and sold in a foreign country? p.111 - ANSWER Exports Documentation is an important part of shipping operations. Which of the follow...

CPIM Part 2 - 2024 ABC CLassification -ANS-The classification of a group of items in decreasing order of annual dollar volume or other criteria Advanced Planning and Scheduling (APS) -ANS-Techniques that deal with analysis and planning of logistics and manufacturing during short, intermediate, and long-term time periods Advance ship notice (ASN) -ANS-An electronic data interchange (EDI) notification of shipment of product. Andon -ANS-A sign board with signal lights used to make workers...

APICS CPIM Exam 1 2024ABC classification - ANS-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 to the low dollar volume items (C class) tha...

APICS CPIM Exam 1 With Completed Solutions.

(True or False) Aggregate inventory management involves managing the inventory at the individual item level, rather than at the level of the entire inventory of a DC or warehouse. p59 - ANSWER False (True or False)Logistics companies have reduced mistakes in logistics records by human entry error by automating the data entry and retrieval process. p.66 - ANSWER True Which software allows logistics employees to enter information on quantity, location, status, and other pertinent data for th...

APICS CPIM Exam 1 2021 with complete solutions(100% verified)