Which term describes the amount of good or acceptable material available after the completion of a process, usually computed as final amount divided by initial amount expressed as decimal or percentage?

Prepare for the APICS CPIM Exam 1. Study with flashcards and multiple-choice questions, each with hints and explanations. Get ready to ace your exam!

Multiple Choice

Which term describes the amount of good or acceptable material available after the completion of a process, usually computed as final amount divided by initial amount expressed as decimal or percentage?

Explanation:
Yield describes the amount of good or acceptable material recovered after a process. It’s calculated by taking the final amount of acceptable output and dividing it by the initial amount, then expressing the result as a decimal or percentage. For example, starting with 100 units and ending with 95 good units gives a yield of 0.95 or 95%, indicating how efficiently the process converts input into usable product and how much waste or rework occurs. This concept is a measure of process performance and quality, helping identify how much scrap or rework the process generates. The other terms are unrelated to this measurement: wave picking is a warehouse picking method, while ways and where-used list refer to routing or usage information rather than output quality.

Yield describes the amount of good or acceptable material recovered after a process. It’s calculated by taking the final amount of acceptable output and dividing it by the initial amount, then expressing the result as a decimal or percentage. For example, starting with 100 units and ending with 95 good units gives a yield of 0.95 or 95%, indicating how efficiently the process converts input into usable product and how much waste or rework occurs. This concept is a measure of process performance and quality, helping identify how much scrap or rework the process generates. The other terms are unrelated to this measurement: wave picking is a warehouse picking method, while ways and where-used list refer to routing or usage information rather than output quality.

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