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ISM Exam CPSM1 Topic 2 Question 105 Discussion

Actual exam question for ISM's CPSM1 exam
Question #: 105
Topic #: 2
[All CPSM1 Questions]

A measure of velocity of total inventory movement through the organization, found bydividing annual sales by the average aggregate inventory value maintained during theyear is called:

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Suggested Answer: B

by Justine at Jan 13, 2025, 08:40 AM

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Willard
2 months ago
B) Inventory turnover. Easy peasy, like calculating the number of times I've opened the fridge today.
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Florinda
1 months ago
D) Inventory return. Incorrect, it's actually inventory turnover.
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Ronna
1 months ago
C) Inventory yield. Close, but the correct term is inventory turnover.
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Caitlin
1 months ago
B) Inventory proceeds. No, it's actually called inventory turnover.
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Lashon
2 months ago
A) Inventory turnover. That's right, it's a simple calculation.
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Carman
2 months ago
Inventory turnover! I bet the person who came up with that term was really into their inventory management. Can't wait to ace this exam!
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Vesta
2 months ago
Yeah, that sounds right. It measures how quickly inventory is sold.
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Daniel
2 months ago
I think the answer is B) Inventory turnover.
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Cristina
3 months ago
I'm not sure, but I think it's either A) Inventory proceeds or B) Inventory turnover.
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Ming
3 months ago
Hmm, let me think... I'm going with B) Inventory turnover. Sounds like the right metric to measure inventory efficiency.
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Yolande
3 months ago
I agree with Helene, because it makes sense to measure how quickly inventory is being sold.
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Stevie
3 months ago
B) Inventory turnover - I remember this from my supply chain management class. Definitely the right answer.
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Tammi
2 months ago
C) Inventory yield - Close, but the correct answer is actually Inventory turnover. It's important for companies to track this metric for better inventory management.
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Aleisha
2 months ago
B) Inventory proceeds - That's not the right answer. Inventory turnover is the measure of velocity of total inventory movement.
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Derick
2 months ago
A) Inventory turnover - Yes, that's correct! It's a key metric in measuring how efficiently a company is managing its inventory.
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Helene
3 months ago
I think the answer is B) Inventory turnover.
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Honey
3 months ago
Inventory turnover, obviously. Gotta keep those shelves stocked and moving!
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Shannan
2 months ago
True, but turnover also shows how efficiently you're managing inventory.
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Maryanne
3 months ago
B) Inventory turnover
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Derick
3 months ago
A) Inventory proceeds
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Odette
3 months ago
But isn't it more about the sales generated from the inventory?
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Esteban
3 months ago
Exactly, it's important to keep the inventory moving efficiently.
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Georgene
3 months ago
A) Inventory proceeds
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Jordan
3 months ago
Absolutely, keeping that inventory moving is key!
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Lindsey
3 months ago
B) Inventory turnover
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Elinore
3 months ago
B) Inventory turnover
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