Promo and sales - Study guides, Class notes & Summaries
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Comp XM Exam Questions and Answers 100% Pass
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Comp XM Exam Questions and Answers 100% Pass 
Pfmn - Answer- new performance coordinate on the perceptual map; performance 
indicates how well your product performs (speed, sensitivity, etc.); the long term trend is 
towards higher performance; enter the performance specification you want your product 
to have when the project finishes; for existing products, the farther the move, the longer 
the time and the higher the cost; for new products, project length depends upon 
proximity to your exist...
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APICS CPIM Exam 1 review update 2023/2024
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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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Capsim Exam Questions & Answers(Latest Update 2024)
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What customer segment(s) does your company sell your product to? - ANSWER Low tech and high tech 
 
Two expectations customers have that are part of the Customer Buying Criteria - ANSWER Positioning and price 
 
Two of the scoring methods you are measured on in the simulation - ANSWER Sales and contribution margin 
 
What decisions are made in the R&D department? - ANSWER Performance, size, and reliability 
 
What does promo budget determine? - ANSWER Customer Awareness, and your Sales Budget de...
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APICS CPIM Exam 1 Study Guide
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ABC classification - ANS 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 do...
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CAPSIM QUIZ|UPDATED&VERIFIED|100% SOLVED|GUARANTEED SUCCESS
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R&D includes what areas: 
1. to reposition a product 
 
 
 
perceptual map chart 
- shows how we track evolving customer demands in the industry 
- each solid circle represents a market segment of customers with similar preferences 
- customers expect your products to be positioned within these solid circles 
- every year the market segments are drifting down and to the right across the perceptual map as customer demands evolve 
- changing performance/size will reposition the product 
 
 
 
R&D ...
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APICS/CPIM EXAM 1 COMPLETE QUESTIONS WITH CORRECT ANSWERS
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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...
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Comp XM Questions And Answers Latest Update Graded A+
- Exam (elaborations) • 1 pages • 2024
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Comp XM Questions And Answers Latest Update Graded A+ 
High Tech R&D 
Update every round 
 
 
TQM 
1 million each category 
 
 
Automation 
Buy as high as possible for Low Tech 
High Tech under 4.0 automation 
 
 
promo and sales 
invest 2000 each round, never go lower than 1400 
 
 
Human Resources 
5,000 in spending 
80 hours of training 
 
 
Performance and Size 
Always have 19.7 
Low tech: Size-Down .5% Performance- Up .5% 
High Tech: Size down .7% Performance up .7% 
 
 
Long Term debt 
Use...
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Capsim Simulation Review Final Exam with 100% correct answers
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Capsim Simulation Review Final Exam with 
100% correct answers 
To invent a new product, which simulation inputs must be provided? - answerName, Size, 
Performance, MTBF 
Buyer's Market - answerThe best time for consumers to buy; characterized by large supply, 
small demand, and low prices. 
Seller's Market - answerThe best time for producers to sell; characterized by large demand, 
small supply, and high prices 
Which inputs to the simulation affect the December Customer Survey score for a pr...
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Capsim Simulation Review Final Exam Latest Update 2024!!
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Capsim Simulation Review Final Exam Latest Update 2024!! 
 
 
To invent a new product, which simulation inputs must be provided? - ANSWER Name, Size, Performance, MTBF 
 
Buyer's Market - ANSWER The best time for consumers to buy; characterized by large supply, small demand, and low prices. 
 
Seller's Market - ANSWER The best time for producers to sell; characterized by large demand, small supply, and high prices 
 
Which inputs to the simulation affect the December Customer Survey score for ...
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CAPSIM SIMULATION REVIEW FINAL EXAM (100% VERIFIED ANSWERS)
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To invent a new product, which simulation inputs must be provided? Name, Size, Performance, MTBF Buyer's Market The best time for consumers to buy; characterized by large supply, small demand, and low prices. Seller's Market The best time for producers to sell; characterized by large demand, small supply, and high prices Which inputs to the simulation affect the December Customer Survey score for a product? Price, performance, size, MTBF, promo budget, sales budget, AR Policy What one factor a...
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