APICS CPIM-BSP Exam - Topic 2 Question 102 Discussion

Actual exam question for APICS's CPIM-BSP exam

Question #: 102
Topic #: 2

In the total cost concept, which of the following logistics costs should be considered when selecting a transportation mode?

AImport duty costs

BReceiving inspection costs

CInventory purchasing costs

DInventory carrying costs

Show Suggested Answer

Suggested Answer: D

by William at Oct 23, 2024, 09:14 AM

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Erasmo

3 months ago

Not sure if all these costs matter equally when choosing a mode.

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Merilyn

3 months ago

Totally agree with inventory purchasing costs being a factor!

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Enola

3 months ago

Wait, are receiving inspection costs really that important?

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Lucina

4 months ago

I think import duty costs are crucial too.

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Eun

4 months ago

Definitely need to consider inventory carrying costs!

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Sarina

4 months ago

I feel like inventory purchasing costs might not be as directly related to transportation mode, but I could be wrong.

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Elouise

4 months ago

Inventory carrying costs seem relevant since they can affect how much we spend on transportation over time, right?

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Felice

4 months ago

I remember a practice question that mentioned receiving inspection costs, but I can't recall if they should be included in the total cost concept for transportation.

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Michal

5 months ago

I think we discussed how import duty costs can impact overall expenses, but I'm not sure if they directly relate to transportation mode selection.

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Francoise

5 months ago

Okay, I've got this. The total cost concept means looking at all the logistics-related expenses, so I'd go with inventory carrying costs as the best answer.

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Aleshia

5 months ago

Import duty costs and inventory carrying costs seem like the most relevant options here. I'll make sure to read the question closely and consider the overall logistics perspective.

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Sol

5 months ago

Hmm, this is a tricky one. I'm not totally sure about the "total cost" concept, so I'll have to think it through carefully.

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Glenn

5 months ago

I think the key here is to focus on the "total cost" concept, so I'd consider costs like transportation, storage, and any other logistics-related expenses.

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Gary

1 year ago

A classic total cost question! I'm going with D. Inventory carrying costs. It's all about maximizing efficiency, and that means considering the full picture, not just the obvious transportation fees.

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Chuck

1 year ago

Definitely, it's all about finding the balance between different logistics costs to make the most cost-effective decision.

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Noemi

1 year ago

That's true, but ultimately, minimizing inventory carrying costs can lead to significant savings in the long run.

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Broderick

1 year ago

I think it's also important to consider other costs like import duty costs. They can add up and impact the overall total cost.

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Dyan

1 year ago

I agree with you, D is the correct answer. Inventory carrying costs play a crucial role in selecting the right transportation mode.

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Annamaria

1 year ago

Hmm, I'd say B. Receiving inspection costs. You can't just ignore the costs associated with making sure your goods are in tip-top shape when they arrive, can you?

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Iesha

1 year ago

B) Receiving inspection costs

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Marta

1 year ago

I agree with you, but I also think A. Import duty costs should be considered. It can significantly impact the total cost of transportation.

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Maynard

1 year ago

A) Import duty costs

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Shay

1 year ago

I think D. Inventory carrying costs is important too. You have to consider how much it will cost to store your inventory while in transit.

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Jules

1 year ago

I think it's a trick question. They're trying to get us to choose something that isn't directly related to transportation, like C. Inventory purchasing costs. Nice try, but I'm not falling for it!

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Armanda

1 year ago

B) Receiving inspection costs

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Elliott

1 year ago

I agree, they're trying to trick us with options like C. Inventory purchasing costs.

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Johanna

1 year ago

D) Inventory carrying costs

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Kyoko

1 year ago

A) Import duty costs

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Darrin

1 year ago

Definitely D. Inventory carrying costs are a crucial part of the total cost concept when selecting a transportation mode. You can't forget about those pesky storage fees!

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