APICS Exam CLTD Topic 2 Question 51 Discussion

Actual exam question for APICS's CLTD exam

Question #: 51
Topic #: 2

[All CLTD Questions]

Which of the following statements represents the primary function of inventory?

AMake products available while minimizing total carrying cost.

BRealize economies of scale while minimizing total carrying cost

CReduce ordering cost while minimizing total carrying cost

DBuffer against delivery time while minimizing total carrying cost

Show Suggested Answer

Suggested Answer: C

by Dominque at Nov 15, 2022, 09:08 AM

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4 days ago

Hmm, I think D is the correct answer. Inventory helps buffer against delivery times, which is crucial for keeping customers happy.

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11 days ago

I believe option A is the best choice because it ensures that products are available when needed while keeping costs low.

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14 days ago

I agree with Omega. Having inventory helps in meeting customer demand without incurring high carrying costs.

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17 days ago

I think the primary function of inventory is to make products available while minimizing total carrying cost.

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