Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions

APICS Exam CSCP Topic 5 Question 87 Discussion

Actual exam question for APICS's CSCP exam
Question #: 87
Topic #: 5
[All CSCP Questions]

An item must be added to inventory to support new business. Which of the following inputs should be considered to determine minimum inventory level?

Show Suggested Answer Hide Answer
Suggested Answer: C

According to the APICS Supply Chain Operations Reference Model SCOR, an ineffective sales and operations planning (S&OP) process is most likely to impede the implementation of a demand management system. S&OP is a process that aligns the demand and supply plans across the supply chain, based on the business objectives and customer expectations. S&OP helps to balance demand and supply, improve forecast accuracy, reduce inventory costs, and increase customer satisfaction. An ineffective S&OP process can result in poor demand management, which can lead to stockouts, excess inventory, lost sales, or dissatisfied customers.


Contribute your Thoughts:

Artie
7 days ago
I think qualified supplier is also a crucial input. You need to ensure you have a reliable source to replenish the inventory when needed.
upvoted 0 times
...
Gail
25 days ago
Consumption rate is definitely the most important factor to consider when determining minimum inventory level. It directly reflects the demand for the item.
upvoted 0 times
...
Filiberto
26 days ago
I think ABC classification should also be considered. It helps in prioritizing which items are more important to have in inventory.
upvoted 0 times
...
Ming
30 days ago
I agree with Marci. Consumption rate is crucial to ensure we have enough inventory to support the new business.
upvoted 0 times
...
Marci
1 months ago
I think we should consider consumption rate for determining minimum inventory level.
upvoted 0 times
...

Save Cancel