CPIM 8 Mod 4 Sect F

When optimizing costing, a key point is to minimize either the ordering or carrying cost, whichever is greater.

A successful pharmaceutical company produces aspirin products. Which NPI characteristics would they likely demonstrate?

Safety Stock and Safety Lead Time are essentially the same and can be used interchangeably.

As a company’s products approach the end-of-life stage, what actions might they consider?

MRP is affected by the quantity & timing of both demand & supply... so replanning is necessary if these factors change.

Two technology tools to optimize system performance are “what-if” and “simulation”. (Select all true statements)

Many factors affect P&L, but which factor can have the greatest positive impact on the size & shape of the PLC graph?