Cpim exam 1 - Study guides, Class notes & Summaries
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APICS CPIM Exam 1 Study Guide
- Exam (elaborations) • 16 pages • 2023
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ABC 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) than the higher do...
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APICS/CPIM EXAM 1 COMPLETE QUESTIONS WITH CORRECT ANSWERS.
- Exam (elaborations) • 14 pages • 2024
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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...
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APICS/CPIM exam 1 (100% Verified Answers)
- Exam (elaborations) • 9 pages • 2024
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t/f: ERP systems coordinate multiple databases used to gather and maintain the firm's essential data correct answers false 
 
Which of the following are aspects of ERP systems? 
1. Multifunctional- able to provide data concerning many parts of the firm 
2. Modular- able to combine selected components into a single system 
3. Independent- each functional area has its own system and data and maintains control of that system and data correct answers 1 and 2 
 
ERP systems perform which of the fo...
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APICS/CPIM Exam 1 Questions With Verified Answers
- Exam (elaborations) • 13 pages • 2024
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t/f: ERP systems coordinate multiple databases used to gather and maintain the firm's essential data - Answer false 
 
Which of the following are aspects of ERP systems? 
1. Multifunctional- able to provide data concerning many parts of the firm 
2. Modular- able to combine selected components into a single system 
3. Independent- each functional area has its own system and data and maintains control of that system and data - Answer 1 and 2 
 
ERP systems perform which of the following tasks?...
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APICS/CPIM exam 1 (100% Verified Answers)
- Exam (elaborations) • 9 pages • 2024
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- $10.89
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t/f: ERP systems coordinate multiple databases used to gather and maintain the firm's essential data correct answers false 
 
Which of the following are aspects of ERP systems? 
1. Multifunctional- able to provide data concerning many parts of the firm 
2. Modular- able to combine selected components into a single system 
3. Independent- each functional area has its own system and data and maintains control of that system and data correct answers 1 and 2 
 
ERP systems perform which of the fo...
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APICS CPIM Exam 1 (100% Errorless Answers) 2024.
- Exam (elaborations) • 15 pages • 2024
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ABC classification correct answers 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) than the higher...
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APICS CPIM exam 1 with Answers.
- Exam (elaborations) • 9 pages • 2023
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- $18.49
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t/f: ERP systems coordinate multiple databases used to gather and maintain the firm's essential data - ANS false 
 
Which of the following are aspects of ERP systems? 
1. Multifunctional- able to provide data concerning many parts of the firm 
2. Modular- able to combine selected components into a single system 
3. Independent- each functional area has its own system and data and maintains control of that system and data - ANS 1 and 2 
 
ERP systems perform which of the following tasks? 
I....
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APICS/CPIM exam 1 (100% Verified Answers)
- Exam (elaborations) • 9 pages • 2024
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Available in package deal
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- $10.69
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t/f: ERP systems coordinate multiple databases used to gather and maintain the firm's essential data correct answers false 
 
Which of the following are aspects of ERP systems? 
1. Multifunctional- able to provide data concerning many parts of the firm 
2. Modular- able to combine selected components into a single system 
3. Independent- each functional area has its own system and data and maintains control of that system and data correct answers 1 and 2 
 
ERP systems perform which of the fo...
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APICS CPIM EXAM PART 1 PRACTICE EXAM WITH COMPLETE SOLUTIONS RATED A GUIDE.
- Exam (elaborations) • 25 pages • 2023
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APICS CPIM EXAM PART 1 PRACTICE EXAM WITH COMPLETE SOLUTIONS RATED A GUIDE.APICS CPIM EXAM PART 1 PRACTICE EXAM WITH COMPLETE SOLUTIONS RATED A GUIDE.APICS CPIM EXAM PART 1 PRACTICE EXAM WITH COMPLETE SOLUTIONS RATED A GUIDE.APICS CPIM EXAM PART 1 PRACTICE EXAM WITH COMPLETE SOLUTIONS RATED A GUIDE.APICS CPIM EXAM PART 1 PRACTICE EXAM WITH COMPLETE SOLUTIONS RATED A GUIDE.APICS CPIM EXAM PART 1 PRACTICE EXAM WITH COMPLETE SOLUTIONS RATED A GUIDE.APICS CPIM EXAM PART 1 PRACTICE EXAM ...
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CPIM EXAM PART 1 REVIEW WITH COMPLETE SOLUTIONS RATED A GUIDE.
- Exam (elaborations) • 122 pages • 2023
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CPIM EXAM PART 1 REVIEW WITH COMPLETE SOLUTIONS RATED A GUIDECPIM EXAM PART 1 REVIEW WITH COMPLETE SOLUTIONS RATED A GUIDECPIM EXAM PART 1 REVIEW WITH COMPLETE SOLUTIONS RATED A GUIDECPIM CPIM EXAM PART 1 REVIEW WITH COMPLETE SOLUTIONS RATED A GUIDE PART 1CPIM EXAM PART 1 REVIEW WITH COMPLETE SOLUTIONS RATED A GUIDE REVIEW WITH COMPLETE SOLUTIONS RATED A GUIDECPIM EXAM PART 1 REVIEW WITH COMPLETE SOLUTIONS RATED A GUIDE
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