Cpim exam 1 with complete Study guides, Class notes & Summaries

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...

APICS CPIM Part 1 Section A Exam Questions And Answers 100% Solved Which of the following is a planned series of actions or operations that advances a material or procedure from one stage of completion to another? work-in-process. task. process. project. - answerC. process Which of the following entities or conditions impacts demand by providing expectations that products will be sold at a fair price, that higher quality is required, that delivery lead time is negligible, that before- ...

CPIM Part 1 Exam Practice (Posttest & Practice Exams) Questions With Complete Solutions. Which of the following tools is considered an important quality management tool? -Answer- 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: -Answer-Cumulative lead time; cumulative lead time for an items consists of the longest lead time path fo...

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

CPIM Part 1| exam updated 2023/24 Supply Chain Management - The 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 - An examination of all links a company uses to produce and deliver its products and services, starting from the origination point and continuing 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 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 2 PRETEST & PRACTICE EXAM 1 COMPLETE TRAIL 2022 EXAM Which of the following tools is best for identifying quality problems in a process? Cause-and-effect diagram Flowchart Gantt chart Check sheet - CORRECT ANSWER Cause-and-effect diagram The cause-and-effect diagram is a tool for analyzing the main causes and subcauses leading to an effect. It is also referred to as the Ishikawa diagram. Which of the following is the primary goal of distribution requirements planning (DR...

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...