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CIPS L4M7 Exam - Topic 11 Question 7 Discussion

Actual exam question for CIPS's L4M7 exam
Question #: 7
Topic #: 11
[All L4M7 Questions]

The purchase-order lead time is the...?

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Suggested Answer: C

Purchase order lead time (POLT) refers to the number of days from when a company places an order for production inputs it needs, to when those items arrive at the manufacturing plant.

LO 2, AC 2.3


by Rosio at Oct 26, 2022, 09:07 PM

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Trina
4 months ago
Totally agree with C, that's how I understand it too!
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Dudley
4 months ago
C is correct, it's the period from placing an order to delivery.
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Barbra
4 months ago
Wait, is it really just about delivery? Sounds off.
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Sena
4 months ago
I think it's more about the order and production phase.
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Laquanda
4 months ago
It's definitely the time from order to delivery.
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Jerry
5 months ago
I keep mixing up the definitions, but I think lead time is definitely not about correcting errors, so B is out.
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Boris
5 months ago
I practiced a question like this before, and I feel like lead time is more about the order process itself, so I might lean towards C.
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Lashawnda
5 months ago
I'm not entirely sure, but I remember something about lead times being about the time from order to delivery. Could that be D?
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Bambi
5 months ago
I think the purchase-order lead time is related to when we place an order and when it actually arrives, so maybe it's C?
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Maia
5 months ago
Hmm, I'm a bit confused by this question. It's asking about a specific solution, but there are a few different options to choose from. I'm not sure which one would be the most operationally efficient. Maybe I should re-read the question and the options more carefully.
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Raylene
5 months ago
Okay, let me think this through. If the license is deactivated, you probably can't create new documents or edit existing ones. But you might still be able to view documents, so I'm guessing the answer is D.
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Bok
5 months ago
Alright, I think I've got a good strategy here. First, I'll calculate the actual sales volume and the budgeted sales volume. Then I can find the difference between them to get the sales volume contribution variance. Simple enough!
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