PIM Study guides, Class notes & Summaries
Looking for the best study guides, study notes and summaries about PIM? On this page you'll find 833 study documents about PIM.
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CPIM questions with correct answers
- Exam (elaborations) • 133 pages • 2023
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For the past six months, a manufacturer has experienced deviations from its forecasts. The monthly forecast deviations for the past six months are as follows: 15, -6, 12, 8, -18, and -4 units. What is the mean absolute deviation for these months? CORRECT ANSWER To calculate the mean absolute deviation, first make each deviation positive and sum these absolute values: 15 + 6 + 12 + 8 + 18 + 4 = 63 units. Next divide by the number of periods (six): 63/6 = 10.5. 
 
Which of these terms refers to ac...
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APICS CPIM Exam 1 2024 with 100% correct answers
- Exam (elaborations) • 19 pages • 2024
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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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APICS CPIM Part 2 questions with correct answers
- Exam (elaborations) • 48 pages • 2023
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14 Points CORRECT ANSWER W. Edwards Deming's 14 management practices to help companies increase their quality and productivity 
 
A3 Method CORRECT ANSWER A means of compactly describing a business process 
 
Abnormal Demand CORRECT ANSWER Demand in any period that is outside the limits established by management policy 
 
Absorption Costing CORRECT ANSWER An approach to inventory valuation in which variable costs and a portion of fixed costs are assigned to each unit production. 
 
Acceptable Q...
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Samenvatting Pim proces mining S2.2
- Summary • 3 pages • 2022
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Samenvatting van de theorie voor het vak Pim proces mining S2.2
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Samenvatting Basiskennis Melkvee PIMV02 (PIMV02)
- Summary • 22 pages • 2023
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In deze samenvatting komt het deel over jongvee, geboortes, droogstand, vruchtbaarheid en mastitis voor.
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CPIM Part 1 questions with correct answers
- Exam (elaborations) • 68 pages • 2023
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ABC CLassification CORRECT ANSWER The classification of a group of items in decreasing order of annual dollar volume or other criteria 
 
Advanced Planning and Scheduling (APS) CORRECT ANSWER Techniques that deal with analysis and planning of logistics and manufacturing during short, intermediate, and long-term time periods 
 
Advance ship notice (ASN) CORRECT ANSWER An electronic data interchange (EDI) notification of shipment of product. 
 
Andon CORRECT ANSWER A sign board with signal lights ...
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2024 CPIM Part 1 (A+ Graded Already)
- Exam (elaborations) • 40 pages • 2024
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ABC CLassification correct answers The classification of a group of items in decreasing order of annual dollar volume or other criteria 
 
Advanced Planning and Scheduling (APS) correct answers Techniques that deal with analysis and planning of logistics and manufacturing during short, intermediate, and long-term time periods 
 
Advance ship notice (ASN) correct answers An electronic data interchange (EDI) notification of shipment of product. 
 
Andon correct answers A sign board with signal lig...
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APIC's CPIM Part 1 Practice Exams Questions With 100% Correct Answers.
- Exam (elaborations) • 23 pages • 2024
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APIC's CPIM Part 1 Practice Exams Questions With 100% Correct Answers.
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APICS CPIM Exam 1 review update 2023/2024
- Exam (elaborations) • 15 pages • 2023
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APICS CPIM Exam 1 review update 2023/2024 
 
ABC classification - 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 ...
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CPIM 8.0 exam review
- Exam (elaborations) • 435 pages • 2023
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A company seeks to maximize the life span and utilization of all products delivered. From this perspective, which of the following would an elevator company do? 
A. Sell the elevators and provide free service. 
B. Sell the elevators at a breakeven or a loss and manage service as its key revenue generator. 
C. Sell the elevators and service contracts. 
D. Sell the elevators as a service, maintaining ownership itself. 
D. Sell the elevators as a service, maintaining ownership itself. 
The concept ...
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