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APICS CPIM Exam 1 | 176 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...

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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...

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Line Haul Cost - Answer The cost to operate the vehicle, whether it is half empty or full, is the same basic cost. What does alter is the distance that is traveled. Terminal Handling - Answer The cost of handling a shipment several times. When full loads are shipped there is no extra handling thus no extra cost. The shipment can go direct to the required destination. Supplier - Answer A company from which you purchase parts or material Customer - Answer The person or organization that r...

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 EXAM 1 COMPLETE QUESTIONS WITH CORRECT ANSWERS.