Cpic Study guides, Class notes & Summaries

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...

strategic plan correct answers examines "how to marshal and determine actions to support the mission, goals, and objectives of an organization business plan correct answers a statement of long range strategy and revenue, cost, and profit objectives usually accompanied by budgets, a projected balance sheet, and a cash flow (source and application of funds) statement manufacturing planning hierarchy correct answers SMR, MPR, DSP, ECO competitive advantage correct answers the advantage a ...

The ability of a company to address the needs of and inquiries and requests from customers refers to: on-time delivery. customer service. order fill rates. customer relationship management. correct answers customer service.: Customer service is the ability of a company to address the needs of and inquiries and requests from customers. Which of the following is included in the cost of goods sold? Standard cost General and administrative expenses Revenue Overhead correct answers Overhea...

APIC'S CPIM PART 1 POST TEST

APIC's CPIM Part 1 Practice Exams Questions With 100% Correct Answers.

APICS CPIM Part 1 Questions and Answers Pareto Chart -Answer-graphical tool used for ranking causes from most to least significant TQM: Employee Involvement -Answer-TQM is everyone's responsivbility and this means everyone needs to commit to not only doing their jobs but improving. Cross-training, training on quality, training problem solving and root cause analysis achieve this goal Voice of the Customer -Answer-The actual customer descriptions in words for the functions and features the...

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APICS CPIM Part 1 Section A Q & A with A Guaranteed Pass 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. -Answer-C. 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- and after-s...

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APICS CPIM Part 1, Module 5 (All) PASSED!!