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CIMAPRA19-E01-1 Exam - Topic 4 Question 106 Discussion

Actual exam question for CIMA's CIMAPRA19-E01-1 exam
Question #: 106
Topic #: 4
[All CIMAPRA19-E01-1 Questions]

Which of the following is NOT an element of the EOQ (Economic Order Quantity) equation?

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Suggested Answer: A, B, C, D

by Melda at Jan 27, 2025, 01:43 AM

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Veronika
3 months ago
Totally agree with you, Aileen!
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Alverta
3 months ago
Wait, is "total inventory cost" really not in the EOQ? Sounds off.
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German
3 months ago
I thought reorder quantity was important too, but it's not in EOQ.
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Aileen
4 months ago
Definitely not D, that's not part of the equation!
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Chu
4 months ago
The EOQ formula includes total purchases and ordering costs.
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Gennie
4 months ago
I believe total purchases per year is part of the equation, but I can't recall if total inventory cost is included or not.
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Cherelle
4 months ago
I’m a bit confused; I thought the reorder quantity was part of the EOQ, but now I’m questioning if it’s actually an element.
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Annelle
4 months ago
I remember practicing a question that asked about the components of EOQ, and I feel like the total inventory cost is definitely included.
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Jamal
5 months ago
I think the EOQ formula includes total purchases and ordering costs, but I'm not sure about the reorder quantity being part of it.
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Leslie
5 months ago
This is a tricky one. I'll need to review my notes on the EOQ formula to be sure I'm selecting the right answer. I don't want to guess and risk getting it wrong.
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Kristian
5 months ago
Okay, let me think this through. The EOQ equation is used to determine the optimal order quantity to minimize total costs, so it must include things like total purchases, ordering costs, and inventory costs. I'll go with option A as my final answer.
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Glory
5 months ago
Hmm, I'm a bit confused on this one. I know the EOQ equation has to do with inventory management, but I can't recall all the specific elements off the top of my head.
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Mammie
5 months ago
I'm pretty sure the reorder quantity is an element of the EOQ equation, so I'll eliminate option D.
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Nathalie
10 months ago
Haha, this question is like a game of 'one of these things is not like the other'. The reorder quantity is the star of the show here, so D has to be the right answer.
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Cammy
8 months ago
Definitely, D is the odd one out in this equation.
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Malcom
8 months ago
Yeah, it's all about finding that sweet spot for ordering and inventory costs.
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Shawnna
9 months ago
I agree, the reorder quantity is not part of the EOQ equation.
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Hildegarde
10 months ago
Hmm, this one's tricky. I'm leaning towards D, since the reorder quantity is what the whole equation is trying to determine. But I'll double-check my notes just to be sure.
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Iola
9 months ago
Let me know if you find anything different in your notes, but I'm pretty confident it's D.
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Anisha
9 months ago
I agree, the reorder quantity is actually a key component of the EOQ equation.
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Linwood
9 months ago
I think you're right, D seems like the odd one out here.
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Graciela
10 months ago
I'm going to have to disagree with D. The reorder quantity is definitely a key component of the EOQ equation. This question is trying to trip us up, but I'm not falling for it.
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Wynell
8 months ago
A) Total purchases per year
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Irma
8 months ago
I agree, the reorder quantity is definitely important in the EOQ equation.
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Justine
8 months ago
C) Total inventory cost per year
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Alfreda
9 months ago
I think D is not part of the EOQ equation.
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Rolande
9 months ago
D) The reorder quantity
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Annelle
9 months ago
C) Total inventory cost per year
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Cordell
10 months ago
B) Total ordering cost per order
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Michal
10 months ago
Yeah, I think the question is trying to trick us. The reorder quantity is important for calculating the economic order quantity.
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Douglass
10 months ago
A) Total purchases per year
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Cherry
10 months ago
I agree, the reorder quantity is definitely part of the EOQ equation.
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Laurene
10 months ago
The total reorder quantity? That's like asking which part of a cake recipe isn't the cake itself. Clearly, the D option is the odd one out here.
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Bettina
11 months ago
But the EOQ equation focuses on minimizing total costs, so it makes sense that the reorder quantity is included.
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Giuseppe
11 months ago
I disagree, I believe it's A) Total purchases per year.
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Bettina
11 months ago
I think the answer is D) The reorder quantity.
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