Apics cpim exam 1 - Study guides, Class notes & Summaries

APICS/CPIM EXAM 1 COMPLETE QUESTIONS WITH CORRECT ANSWERS.

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- ...

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- ...

APICS CPIM Exam 1 Study Guide

APICS/CPIM exam 1 | 115 Questions and Answers 100% Verified

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 Inventory on the balance sheet at the end of the last year was $5,000,000. Inventory at the end of this year was $4,000,000. Last year's annual cost of goods sold (COGS) was $3,000,000. This year's annual COGS was $2,300,000. What is this year's inventory turnover? - answer0.511 times EXPLANATION: Inventory Turnover = Annual COGS/Average Inventory in Dollars. Average Inventory = (Inventory at Period Start + Inventor...

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), ...