On the overage a company has 12week of work-in-process (WIP) inventory and annual cost of goods sold of 36$ million. Assuming the company works 50 weeks per year. If the WIP could be reduced to 5week, and the annual cost of inventory value what would be annual savings?
A. $50,000There is difference between measurement and standards, because:
A. Performance standards set the goalMaster scheduling tries to level capacity and just-in-time tries to level the schedule based on capacity and material flow.
A. TrueIf the volume of manufactured components can be increased, then the unit cost of the components, and the final product, will be reduced.
A. TrueWhich of the following best describes sole sourcing?
A. Multiple potential suppliers, one is chosen to be the only supplier for an organizationAny changes can be made to the MPS as long as it is within the limits set by the production plan. Changes are routine and are often made by the computer program. This is the scenario in zone of time fence.
A. Slushy ZoneA work center produces 120 units in a shift. The standard for that item is units a shift. What is 100 the efficiency of work center?
A. 120%Giving people the authority to make decisions and take action in their work areas without getting prior approval is called:
A. EmpowermentWhat consists of taking a sample of a batch of product and using it to estimate the overall quality of the batch?
A. Acceptance samplingThe material requirement plan authorizes production activity control (PAC):
A. To work orders to the shop for manufacturingNowadays, the certification exams become more and more important and required by more and more enterprises when applying for a job. But how to prepare for the exam effectively? How to prepare for the exam in a short time with less efforts? How to get a ideal result and how to find the most reliable resources? Here on Vcedump.com, you will find all the answers. Vcedump.com provide not only APICS exam questions, answers and explanations but also complete assistance on your exam preparation and certification application. If you are confused on your CPIM-MPR exam preparations and APICS certification application, do not hesitate to visit our Vcedump.com to find your solutions here.