Cpim exam - Study guides, Class notes & Summaries

CPIM EXAM PART 1 REVIEW QUESTIONS & ANSWERS RATED 100% CORRECT!!

CPIM Exam Part 1 Questions & Answers 2024/2025 Supply Chain Management - ANSWERSThe 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 - ANSWERSAn examination of all links a company uses to produce and deliver its products and services, starting from the origi...

CPIM EXAM PART 1 REVIEW QUESTIONS & ANSWERS GRADED A+ The most common sequence for processing products in a supply chain is: A. supplier, manufacturer, customer. B. manufacturer, customer, supplier. C. distributor, retailer, supplier. D. retailer, supplier, manufacturer. A. supplier, manufacturer, customer. Which of the following terms pertains to the design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a ...

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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 higher ...

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 Exam 1 Key Terms 2024/ All 445 Questions With Complete Solutions. APICS CPIM Exam 1 Key Terms 2024/ All 445 Questions With Complete Solutions. APICS CPIM Exam 1 Key Terms 2024/ All 445 Questions With Complete Solutions. APICS CPIM Exam 1 Key Terms 2024/ All 445 Questions With Complete Solutions. APICS CPIM Exam 1 Key Terms 2024/ All 445 Questions With Complete Solutions. APICS CPIM Exam 1 Key Terms 2024/ All 445 Questions With Complete Solutions. APICS CPIM Exam 1 Key Terms 2024/ All ...

CPIM Exam 1 | 266 Questions and Answers 100% Correct

CPIM EXAM PART 1 REVIEW QUESTIONS & ANSWERS 100% SOLVED The most common sequence for processing products in a supply chain is: A. supplier, manufacturer, customer. B. manufacturer, customer, supplier. C. distributor, retailer, supplier. D. retailer, supplier, manufacturer. A. supplier, manufacturer, customer. Which of the following terms pertains to the design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a c...