Semifinished goods Study guides, Class notes & Summaries
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![CIPS L4M2 Defining Business Need Questions and Answers](/docpics/4786495/65f9b8e277cfd_4786495_121_171.jpeg)
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CIPS L4M2 Defining Business Need Questions and Answers
- Exam (elaborations) • 42 pages • 2024
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CIPS L4M2 Defining Business Need 
 
Questions and Answers 
 
Types of Purchases 
new buy, straight rebuy, modified rebuy 
Straight rebuy purchase 
Routine purchases of the same products under approximately the same terms of sale 
Modified rebuy purchase 
When new-task purchases are changed on repeat orders or straight rebuy purchases are modified 
New purchase 
A purchase of an item for the first time 
Examples of straight rebuy purchases 
Utilities (gas, water, electricity) 
MRO ( Maintenance, ...
![CIPS L4M2 Defining Business Need questions correctly answered 2024/2025](/docpics/4810247/65fd52446c803_4810247_121_171.jpeg)
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CIPS L4M2 Defining Business Need questions correctly answered 2024/2025
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CIPS L4M2 Defining Business Need questions correctly answered 2024/2025Types of Purchases 
new buy, straight rebuy, modified rebuy 
 
 
Straight rebuy purchase 
Routine purchases of the same products under approximately the same terms of sale 
 
 
 
Brainpower 
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Modified rebuy purchase 
When new-task purchases are changed on repeat orders or straight rebuy purchases are modified 
 
 
N...
![CSCP Module 1 Exam Questions & Answers 2023/2024](/docpics/4019637/657a406770fc5_4019637_121_171.jpeg)
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CSCP Module 1 Exam Questions & Answers 2023/2024
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CSCP Module 1 Exam Questions & Answers 2023/2024 
 
 
Decoupling - ANSWER-Creating independence between supply and use of material. Commonly denotes providing inventory between operations so that fluctuations in the production rate of the supplying operation do not constrain production or use rates of the next operation. 
 
gross margin - ANSWER-The difference between total revenue and cost of goods sold 
 
optimization - ANSWER-Achieving the best possible solution to a problem in terms of a spe...
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CSCP Module 1 Latest Update Graded A+
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CSCP Module 1 Latest Update 
 
Graded A+ 
 
Decoupling Creating independence between supply and use of material. Commonly denotes 
providing inventory between operations so that fluctuations in the production rate of the 
supplying operation do not constrain production or use rates of the next operation. 
 
gross margin The difference between total revenue and cost of goods sold 
 
optimization Achieving the best possible solution to a problem in terms of a specified 
objective function. 
 
cycl...
![CIPS L4M2 Defining Business Need Exam Questions With 100% Correct Answers](/docpics/4794870/65faefe199767_4794870_121_171.jpeg)
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CIPS L4M2 Defining Business Need Exam Questions With 100% Correct Answers
- Exam (elaborations) • 25 pages • 2024
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CIPS L4M2 Defining Business Need Exam 
Questions With 100% Correct Answers 
Types of Purchases 
new buy, straight rebuy, modified rebuy 
Straight rebuy purchase 
Routine purchases of the same products under approximately the same terms of sale 
Modified rebuy purchase 
When new-task purchases are changed on repeat orders or straight rebuy purchases are modified 
New purchase 
A purchase of an item for the first time 
Examples of straight rebuy purchases 
Utilities (gas, water, electricity) 
MRO ...
![APICS CPIM MODULE 3 Exam Questions With Correct Answers](/docpics/4324115/65b1d41cf0ef8_4324115_121_171.jpeg)
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APICS CPIM MODULE 3 Exam Questions With Correct Answers
- Exam (elaborations) • 34 pages • 2024
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inventory investment - Answer the dollars that are in all levels of inventory 
 
semifinished goods - Answer products that have been stored in an incomplete state and are awaiting final operations that will adapt them to different uses or customer specifications 
 
MRO supplies - Answer items used in eneral support of operations and maintenance, such as maintenance suppllies, spare parts, and consumables used in the manufacturing process and support operations 
 
independent demand - Answer the ...
![CIPS L4M2 Defining Business Need Exam Questions With 100% Correct Answers](/docpics/4759165/65f5a38ef1fe4_4759165_121_171.jpeg)
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CIPS L4M2 Defining Business Need Exam Questions With 100% Correct Answers
- Exam (elaborations) • 25 pages • 2024
- Available in package deal
-
- $13.49
- + learn more
CIPS L4M2 Defining Business Need Exam 
Questions With 100% Correct Answers 
Types of Purchases 
new buy, straight rebuy, modified rebuy 
Straight rebuy purchase 
Routine purchases of the same products under approximately the same terms of sale 
Modified rebuy purchase 
When new-task purchases are changed on repeat orders or straight rebuy purchases are modified 
New purchase 
A purchase of an item for the first time 
Examples of straight rebuy purchases 
Utilities (gas, water, electricity) 
MRO ...
![CLTD Study Questions with Complete Solution (2023-2024) Graded A](/docpics/2861921/647f720f24ab9_2861921_121_171.jpeg)
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CLTD Study Questions with Complete Solution (2023-2024) Graded A
- Exam (elaborations) • 20 pages • 2023
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Activities involved in global transportation can be grouped by focus into 3 groups - 1. Transaction channel: point of ownership transfer, freight control, payment terms, securing payment 
2. Communication channel: visibility and control of shipment w/ the right trade docs as it travels between countries 
3. Distribution channel: mngmnt of risk of disruption of shipment mvmnt by optimizing use of reliable mode, carrier, and route 
 
Payment method risks - - Open account: risk is on seller 
- Cash...
![APICS CPIM MODULE 3 QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS](/docpics/3634398/652d95009f8ae_3634398_121_171.jpeg)
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APICS CPIM MODULE 3 QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS
- Exam (elaborations) • 27 pages • 2023
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APICS CPIM MODULE 3 QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS
![CIPS L4M2 Defining Business Need](/docpics/4800599/65fbf17c9737c_4800599_121_171.jpeg)
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CIPS L4M2 Defining Business Need
- Exam (elaborations) • 24 pages • 2024
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CIPS L4M2 Defining Business Need 
 
Types of Purchases 
new buy, straight rebuy, modified rebuy 
Straight rebuy purchase 
Routine purchases of the same products under approximately the same terms of sale 
Modified rebuy purchase 
When new-task purchases are changed on repeat orders or straight rebuy purchases are modified 
New purchase 
A purchase of an item for the first time 
Examples of straight rebuy purchases 
Utilities (gas, water, electricity) 
MRO ( Maintenance, repair and operating item...
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