Teach on Udemy

Turn what you know into an opportunity and reach millions around the world.

Learn More

Your cart is empty.

Keep shopping

APICS CPIM Preparation - Maths Problem Solving Guide

Name: APICS CPIM Preparation - Maths Problem Solving Guide
Rating: 4.3 (33 reviews)

Learn to Solve Formula/Math based Questions for APICS CPIM Exam

Created byAkshay Yewale

Last updated 5/2023

English

What you'll learn

Prepare yourself for -One of Most difficult part of CPIM.
Approach of Solving Formula/Math/Calculation Based Questions.
Step by Step Tutorial
Learn Problem Solving Approach
Important Topics - This covers the topics which you shouldn't miss if you are planning to clear the exam.
Exam Strategy - Strategy should be made understanding what's the goal - which is to clear the exam.

Course content

6 sections • 38 lectures • 2h 45m total length

Udemy Portal Navigation4:18
Learn to navigate the Udemy portal, track progress, access course content and lessons, complete assignments, and leverage lifetime access and the certificate on completion.
Course Overview10:31
Meet Your Course Leader: A Comprehensive Introduction to Your Instructor2:52
Best Practices for Understanding Course Content2:07
Enable captions, subtitles, and transcripts, adjust video speed, and use auto scroll to tailor the APICS CPIM maths problem solving course content for diverse learners.
Why to take CPIM ?5:53
Syllabus2:54
Explore the two-part CPIM syllabus, from basics of supply chain and demand, to advanced production, purchasing, inventory, and logistics with lean continuous improvement.
Exam Details3:52

Gross Margin3:51
Inventory Turns4:30
Item Fill Rate7:12
Days Of Supply3:13
EOQ - 18:16
EOQ - 22:26
Compute the economic order quantity (EOQ) for annual demand 9000, ordering cost 20, unit cost 10, and carrying cost rate 20 percent using the EOQ formula.
Rated Capacity - 11:29
Rated Capacity - 21:59
Average Inventory3:36
Order Point3:15
Mean Abs Deviation3:15
Learn to calculate mean absolute deviation as a forecast error measure in demand forecasting for apics cpim preparation, using a two-period example of computing and averaging absolute deviations.
Critical Ratio6:44

Master Production Schedule6:52
Master Production Schedule - Part 22:08
Break Even Point6:30
Critical Path Management1:47
Inventory Turns4:30
Quick Asset Ratio2:27
Takt Time3:02
Calculate takt time, a lean manufacturing metric, dividing available production time by customer demand. With two shifts, 400 minutes and 800 units daily, takt time is 0.5 minutes per unit.
Backlog and Variance6:03
Explore calculating cumulative backlog and cumulative variance by comparing actual input and actual output to planned input and output, including starting backlog and prior period results.
Critical Ratio6:44
Reorder Point3:15
MAD2:17
Gross Requirement2:50
Average Cost3:29
Compute the average cost by adding fixed cost and total variable cost, then divide by units; with fixed 2000 and variable 5 per unit for 4000 units, result is 5.5.
Tracking Signal4:28
Learn to compute the tracking signal, a KPI in demand forecasting, using the algebraic sum of actual deviations and the mean absolute deviation; positive values indicate under forecasting.
Payback Period & Debt Ratio6:03
Calculate the payback period and debt ratio from an investment of 2,000 and annual cost savings, showing how quickly returns repay the investment and how liabilities relate to assets.

Requirements

Visit APICS once and go through the CPIM details

Description

Are you appearing for the CPIM - Certified in Planning & Inventory Mgmt exam?

Do you want to clear it on the first attempt?

Congratulations !!!! You are at the right place.

You have found the Number 1 instructor for CPIM preparation on Udemy.

As per APICS data published only 60-70% of students pass the exam every year. That is after allowing multiple retakes. This means less than 50% of students are passing the exam on the first attempt. Since the retake cost is huge around 400 dollars, clearing it on the first attempt is very crucial.

One of the most difficult sections of the CPIM - Certified in Planning & Inventory Mgmt exam is Maths/Formula/ Calculation Based problems. This is the section where most of the students fail to score.

This course will equip you with the right approach, methodology, and technique to solve such Maths/Formula/ Calculation Based problems.

The course will be divided into two parts CPIM Part 1 and CPIM Part 2.

Note:- Certain content is common for Part 1 and Part 2 so you will find it in both section.

Key Highlights ( See the Promo Video for Detail Info )-

1. Step-by-step solution.

2. Covering a wide variety of problems.

3. Right Approach.

4. Right Technique.

5. How to solve complex problems.

6. Applications of Different Formulas and Concepts.

7. Prepare Yourself for the most difficult section of the CPIM Exam

After this, you will be equipped to tackle the Maths/Formula/ Calculation Based questions in the CPIM exam.

Here's what Udemy students are saying about "CPIM( Certified in Planning & Inventory Mgmt ) Preparation"

"The explanation is simple yet easy to understand. Now i know what to do before cpim " - Nor

"I am taking this course because my coworker- a supply chain manager- suggested it to me. After a few changes to the course I had to update my review. I realize in my current job that I am exposed to a lot of the content in the class. So, this was helpful and meaningful to me." - Cathy

"Very Good Course. I didn't find similar course anywhere on udemy or other places " - Aditi

"So far so good "- Michael

"Highly Informative. This content is not available anywhere else." - Akash

"Must do course by CPIM aspirants." - Sachin

Who this course is for:

Professionals Planning to appear for APICS CPIM Exam.

APICS CPIM Preparation - Maths Problem Solving Guide

What you'll learn

Explore related topics

Course content

Introduction7 lectures • 32min

CPIM PART 112 lectures • 50min

Fun & Learn1 lecture • 2min

CPIM Part 215 lectures • 1hr 2min

Additional Tips2 lectures • 18min

Content Updates1 lecture • 1min

Requirements

Description

Who this course is for: