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

9 months ago

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

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Merilyn

9 months ago

Totally agree with inventory purchasing costs being a factor!

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Enola

9 months ago

Wait, are receiving inspection costs really that important?

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Lucina

10 months ago

I think import duty costs are crucial too.

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Eun

10 months ago

Definitely need to consider inventory carrying costs!

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Sarina

10 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

10 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

10 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

11 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

11 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

11 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

11 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

11 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

2 years 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

2 years 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

2 years ago

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

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Broderick

2 years 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

2 years 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

2 years 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

2 years ago

B) Receiving inspection costs

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Marta

2 years 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

2 years ago

A) Import duty costs

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Shay

2 years 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

2 years 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

2 years ago

B) Receiving inspection costs

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Elliott

2 years ago

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

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Johanna

2 years ago

D) Inventory carrying costs

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Kyoko

2 years ago

A) Import duty costs

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Darrin

2 years 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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