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APICS CSCP EXAM LATEST 2025 WITH QUESTIONS and ANSWERS GEADED A+
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A Web-based marketplace, usually owned by a third party,
exchange Any element or factor that prevents a system from achieving a higher level of performance with
Applications that support the evolutionary life cycle of digitalbased information and make information dynamically
A graphic comparison of process performance data with
An accounting classification useful for determining the amount of direct materials, direct labor, and allocated overhead associated with the products sold during a given
The classification of a group of items in decreasing order of annual dollar volume (price multiplied by projected volume) or other criteria. This array is then split into three classes, called A, B, and C. The A group usually represents 10% to 20% by number of items and 50% to 70% by projected dollar volume. The next grouping, B, usually represents about 20%
programs, seasonal fluctuations, plant shutdowns, and
Computer programs that can learn and reason in a manner similar to humans. The problem is defined in terms of states and operators to generate a search space that is examined for the best solution. In contrast, conventional programming collects and processes data by algorithm or fixed step-by-step
A production environment where a good or service can be
A set of technologies that collect data about objects and then send these data to a computer without human intervention. Examples include radio frequency wireless devices and
identification and data capture system The on-hand inventory balance minus allocations,
reservations, backorders, and (usually) quantities held for
Available Inventory The uncommitted portion of a company's inventory and planned production maintained in the master schedule to
All the customer orders received but not yet shipped.
An immediate (or past due) demand against an item whose
A financial statement showing the resources owned, the debts owed, and the owner's share of a company at a given point in
A method of encoding data using bar code for fast and
requirements. Often covers only one item with predetermined
A facility, function, department, or resource whose capacity is
Information collected by an organization on customers,
Intelligence
Business being conducted over the Internet between businesses. The implication is that this connectivity will cause businesses to transform themselves via supply chain management to become virtual organizations, reducing costs, improving quality, reducing delivery lead time, and improving
A percentage of the dollar value of inventory per unit of time
The net flow of dollars into or out of the proposed project. The algebraic sum, in any time period, of all cash receipts, expenses, and investments. Also called cash proceeds or cash
Transportation Management An analysis of a competitor that includes its strategies,
A form of design standardization where a single part is used to
A selling method that occurs when customers buy additional
The longest planned length of time to accomplish the activity in question. It is found by reviewing the lead time for each bill of material path below the item; whichever path adds up to the
time
Customer Relationship Management (CRM).
An inventory accuracy audit technique where inventory is
Counting
A database maintenance term used in the context of relational databases, which helps to minimize the duplication of information or safeguard the database against certain types of
A repository of data that has been specially prepared to
Software designed for organizing data and providing the
Creating independence between supply and use of material. Commonly denotes providing inventory between operations so that fluctuations in the production rate of the supplying
Forecasting the demand for a particular good, component, or
Approach to production planning where output is increased
The process of planning all demands for products and services to support the marketplace. The process involves updating the
The triggering of material movement to a work center only when that work center is ready to begin the next job. It in effect eliminates the queue from in front of a work center, but
management. It includes all activities related to physical distribution, as well as the return of goods to the manufacturer. In many cases, this movement is made through one or more levels of field warehouses. 2) The systematic division of a whole into discrete parts having
Product, usually spare parts and finished goods, located in the distribution system (e.g., in warehouses, in-transit between
The function of determining the need to replenish inventory at
The function of determining the need to replenish inventory at
A measurement (usually expressed as a percentage) of the actual output compared to the standard output expected. It
The backbone system for other information technology
The use of computer and telecommunication technologies to conduct business via electronic transfer of data and
The paperless (electronic) exchange of trading documents, such as purchase orders, shipment authorizations, advanced shipment notices, and invoices,
Electronic Document Codes that are used with RFID tags to carry information on
Product Code Products whose customer specifications require unique engineering design, significant customization, or new purchased materials. Each customer order results in a unique set of part numbers, bills of
The manner in which records are stored within a file (e.g.,
Protocol (FTP) A production environment where a good or service can be assembled after receipt of a customer's order. The key components (bulk, semifinished, intermediate, subassembly, fabricated, purchased, packing, and so on) used in the assembly or finishing process are planned and usually stocked in anticipation of a customer order. Receipt of an order initiates assembly of the customized product. This strategy is useful where a large number of end products (based on the selection
Inventory that is carried as a cushion to protect against
The difference between actual demand and forecast demand,
The business function that attempts to predict sales and use of products so they can be purchased or manufactured in
A supply chain integrator that assembles and manages the resources, capabilities, and technology of its own organization with those of complementary service providers to deliver a
provider The category of expenses on an income statement that includes the costs of general managers, computer systems,
expenses A connection between the computer and the user employing a mouse and icons so that the user makes selections by pointing at icons and clicking the mouse.
