Cpim cpim exam 2024 Study guides, Class notes & Summaries

APICS CPIM Part 1, Module 5 Exam Questions With 100% Correct Answers 2024 inventory - answerThose stocks or items used to support production (raw materials and work-in-process items), supporting activities (maintenance, repair, and operating supplies), and customer service (finished goods and spare parts). Demand for inventory may be dependent or independent. Inventory functions are anticipation, hedge, cycle (lot size), fluctuation (safety, buffer, or reserve), transportation (pipeline), ...

APICS CPIM Part 1, Module 5 Exam Questions With 100% Correct Answers 2024 inventory - answerThose stocks or items used to support production (raw materials and work-in-process items), supporting activities (maintenance, repair, and operating supplies), and customer service (finished goods and spare parts). Demand for inventory may be dependent or independent. Inventory functions are anticipation, hedge, cycle (lot size), fluctuation (safety, buffer, or reserve), transportation (pipeline), ...

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 Part 1, Module 5 Exam Questions With 100% Correct Answers 2024 inventory - answerThose stocks or items used to support production (raw materials and work-in-process items), supporting activities (maintenance, repair, and operating supplies), and customer service (finished goods and spare parts). Demand for inventory may be dependent or independent. Inventory functions are anticipation, hedge, cycle (lot size), fluctuation (safety, buffer, or reserve), transportation (pipeline), ...

CPIM – Formulas Exam 2024 Planned Backlog ANS-Previous Planned Backlog + Planned Input - Planned Output Actual Backlog ANS-Previous Actual Backlog + Actual Input - Actual Output Throughput Formula ANS-Revenues Received - Variable Costs/ Units of Time Period New Safety Stock ANS-Old Safety Stock x √New Lead Time/Old Lead Time Demand During Lead Time ANS-Units per Period x Lead Time Takt Time ANS-Available Production Time/Rate of Customer Demand Cycle Time Formula ANS-Pro...

CPIM Part 1 Exam Questions With 100% Correct Answers 2024 Supply Chain Management - answerThe design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronizing supply with demand, and measuring performance globally Value Chain Analysis - answerAn examination of all links a company uses to produce and deliver its products and services, starting from t...

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...

CPIM Part 1 Exam Questions With 100% Correct Answers 2024 Supply Chain Management - answerThe design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronizing supply with demand, and measuring performance globally Value Chain Analysis - answerAn examination of all links a company uses to produce and deliver its products and services, starting from t...

CPIM Part 1 Exam Questions With 100% Correct Answers 2024 Supply Chain Management - answerThe design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronizing supply with demand, and measuring performance globally Value Chain Analysis - answerAn examination of all links a company uses to produce and deliver its products and services, starting from t...

CPIM Part 1 Exam Practice Questions and Answers 2024 Which of the following tools is considered an important quality management tool? - Ans Control 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: - Ans Cumulative lead time; cumulative lead time for an items consists of the longest lead time path for a given bill of material. Delivery and d...