CPIM practice question 25 of 35
As applied to inventories, it is usually found that the relationship between the percentage of items and the percentage of annual dollar usage…
Choose your answer, then check it against the explanation.
As applied to inventories, it is usually found that the relationship between the percentage of items
and the percentage of annual dollar usage follows a pattern in which three groups can be defined:
Group A About 50 % of the items account for about 5 % of the dollar usage
Group B About 20 % of the items account for about 80 % of the dollar usage
Group C About 30 % of the items account for about 15 % of the dollar usage
Question 25 of 35
Keep practicing
Take the free CPIM practice test
Ten exam-style questions with answers and explanations, plus the exam facts and study guides.
More questions
Other CPIM practice questions
- Question 1What must decide the market segment to be served, the product features and quality level …
- Question 2Companies that produce a narrow range of high-volume products will most likely choose whi…
- Question 3A company wants to minimize the cost of manufacture and also be flexible enough to adapt …
- Question 4is a usual process to start with the due date and using find lead time, to work back to o…
- Question 5An SKU costing $10 is ordered in quantities of 500 units, annual demand is 5200 units, ca…
- Question 6A priority plan for the components needed to make the products in the Master production s…
