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More importantly, our Certified in Production and Inventory Management exam dumps will take you to the next level where you will get high score in first attempt. Home apics cpim. PDF Questions. Demo Download Add to Cart. Kareem Mann. Arun Verma.

Priya Verma. Shanny Aufderhar. Ayla Hahn. Krystal Strosin. Gia Robel. Garrison Kreiger. Marvin White. Forrest Maggio. Kathryne Kub. Burnice Hermiston. Gladyce Doyle. Gretchen Kirlin. Holden Miller. Ria Singh. Jarrett Parisian. Andre Barton. Matthew Crowder. Financial Fundamentals: - Basic financial statements define the financial reporting common to most businesses. Underlying costs and analysis terms provide further understanding of statement information and often serve as the basis for management decisions.

Demand A. Voice of the Customer: - Actual customer word descriptions of the functions and features that customers desire for goods and services. Demand Management: - Demand management is the function of recognizing all demands for goods and services to support the marketplace. Demand management serves as a key input into the sales and operations plan and master production schedule MPS. Collaboration with Supply customers and suppliers will improve product and process design.

Capacity Management: - This section includes the function of establishing, measuring, monitoring, and adjusting limits or levels of capacity to execute all schedules. These different planning techniques vary depending on traditional, lean, or Theory of Constraints operating environments. Supply A. Inventory: - The 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 service parts.

Purchasing Cycle: - The function and responsibility for understanding demand, sourcing, procuring materials, supplies, or services, receiving goods, and approving invoices for payment.

Distribution: - The activities associated with the movement of material between the supplier, manufacturer, and customer.

These activities encompass the functions of transportation, warehousing, inventory control, material handling, order administration, site and location analysis, industrial packaging, data processing, and the communications network necessary for effective management.

It includes all activities related to physical distribution, as well as the return of goods to the manufacturer. What is the major disadvantage of a fixed location warehouse? Answer: b Which of the following is used to manage queues and lead times? Answer: d Which of the following identifies the demand for capacity at a work center in a specific time period?

How many of what products are needed and when products are needed are questions of which of the following? An important measure of an effective quality measure should be which of the following? Providing customers with what they want at low cost describes the relationship between which of the following?

Answer: c