Cpim exam 1 - Study guides, Class notes & Summaries
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CPIM Exam 1 Questions & Answers 2024/2025
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CPIM Exam 1 Questions & Answers 2024/2025 
 
 
Line Haul Cost - ANSWERSThe cost to operate the vehicle, whether it is half empty or full, is the same basic cost. What does alter is the distance that is traveled. 
 
Terminal Handling - ANSWERSThe cost of handling a shipment several times. When full loads are shipped there is no extra handling thus no extra cost. The shipment can go direct to the required destination. 
 
Supplier - ANSWERSA company from which you purchase parts or material 
 
Cust...
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APICS CPIM Exam 1 Questions & Answers 2024/2025
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APICS CPIM Exam 1 Questions & Answers 2024/2025 
 
 
ABC classification - ANSWERSProcess 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...
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APICS-CPIM Exam 1 Questions & Answers 2024/2025
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APICS-CPIM Exam 1 Questions & Answers 2024/2025 
 
 
t/f: ERP systems coordinate multiple databases used to gather and maintain the firm's essential data - ANSWERSfalse 
 
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 - ANSWERS1 and 2...
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APICS CPIM Exam 1 Questions and Answers (Latest Update 2024)
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APICS CPIM Exam 1 Questions and Answers (Latest Update 2024)
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APICS CPIM EXAM 1 WITH COMPLETE SOLUTIONS RATED A GUIDE.
- Exam (elaborations) • 16 pages • 2023
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APICS CPIM EXAM 1 WITH COMPLETE SOLUTIONS RATED A GUIDE.APICS CPIM EXAM 1 WITH COMPLETE SOLUTIONS RATED A GUIDE.APICS CPIM EXAM 1 WITH COMPLETE SOLUTIONS RATED A GUIDE.APICS CPIM EXAM 1 WITH COMPLETE SOLUTIONS RATED A GUIDE.APICS CPIM EXAM 1 WITH COMPLETE SOLUTIONS RATED A GUIDE.APICS CPIM EXAM 1 WITH COMPLETE SOLUTIONS RATED A GUIDE.APICS CPIM EXAM 1 WITH COMPLETE SOLUTIONS RATED A GUIDE.APICS CPIM EXAM 1 WITH COMPLETE SOLUTIONS RATED A GUIDE.APICS CPIM EXAM 1 WITH COMPLETE SOLUTIONS R...
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APICS CPIM Exam 1 Key Terms
- Exam (elaborations) • 63 pages • 2023
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ABC classification CORRECT 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 to the low dollar volume items (C class) than the higher ...
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APICS CPIM Exam 1 2024 with 100% correct answers
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ABC classification - correct 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 to the low dollar volume items (C class) than the hig...
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CPIM Exam 1 | 266 Questions and Answers 100% Correct
- Exam (elaborations) • 37 pages • 2023
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CPIM Exam 1 | 266 Questions and Answers 100% Correct
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APICS CPIM Exam 1 Key Terms 2024/ All 445 Questions With Complete Solutions.
- Exam (elaborations) • 39 pages • 2023
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APICS CPIM Exam 1 Key Terms 2024/ All 445 Questions With Complete Solutions. APICS CPIM Exam 1 Key Terms 2024/ All 445 Questions With Complete Solutions. APICS CPIM Exam 1 Key Terms 2024/ All 445 Questions With Complete Solutions. APICS CPIM Exam 1 Key Terms 2024/ All 445 Questions With Complete Solutions. APICS CPIM Exam 1 Key Terms 2024/ All 445 Questions With Complete Solutions. APICS CPIM Exam 1 Key Terms 2024/ All 445 Questions With Complete Solutions. APICS CPIM Exam 1 Key Terms 2024/ All ...
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APICS CPIM Exam 1 | 176 Questions and Answers 100% Correct
- Exam (elaborations) • 21 pages • 2023
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APICS CPIM Exam 1 | 176 Questions and Answers 100% Correct
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