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
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

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:

Show Suggested Answer Hide Answer
Suggested Answer: B

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

Limited Time Offer

25%

Off

Get Premium CPSM1 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel
Willard
4 months ago
B) Inventory turnover. Easy peasy, like calculating the number of times I've opened the fridge today.
upvoted 0 times
Florinda
3 months ago
D) Inventory return. Incorrect, it's actually inventory turnover.
upvoted 0 times
...
Ronna
3 months ago
C) Inventory yield. Close, but the correct term is inventory turnover.
upvoted 0 times
...
Caitlin
3 months ago
B) Inventory proceeds. No, it's actually called inventory turnover.
upvoted 0 times
...
Lashon
3 months ago
A) Inventory turnover. That's right, it's a simple calculation.
upvoted 0 times
...
...
Carman
4 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!
upvoted 0 times
Vesta
4 months ago
Yeah, that sounds right. It measures how quickly inventory is sold.
upvoted 0 times
...
Daniel
4 months ago
I think the answer is B) Inventory turnover.
upvoted 0 times
...
...
Cristina
4 months ago
I'm not sure, but I think it's either A) Inventory proceeds or B) Inventory turnover.
upvoted 0 times
...
Ming
5 months ago
Hmm, let me think... I'm going with B) Inventory turnover. Sounds like the right metric to measure inventory efficiency.
upvoted 0 times
...
Yolande
5 months ago
I agree with Helene, because it makes sense to measure how quickly inventory is being sold.
upvoted 0 times
...
Stevie
5 months ago
B) Inventory turnover - I remember this from my supply chain management class. Definitely the right answer.
upvoted 0 times
Tammi
3 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.
upvoted 0 times
...
Aleisha
4 months ago
B) Inventory proceeds - That's not the right answer. Inventory turnover is the measure of velocity of total inventory movement.
upvoted 0 times
...
Derick
4 months ago
A) Inventory turnover - Yes, that's correct! It's a key metric in measuring how efficiently a company is managing its inventory.
upvoted 0 times
...
...
Helene
5 months ago
I think the answer is B) Inventory turnover.
upvoted 0 times
...
Honey
5 months ago
Inventory turnover, obviously. Gotta keep those shelves stocked and moving!
upvoted 0 times
Shannan
4 months ago
True, but turnover also shows how efficiently you're managing inventory.
upvoted 0 times
...
Maryanne
4 months ago
B) Inventory turnover
upvoted 0 times
...
Derick
4 months ago
A) Inventory proceeds
upvoted 0 times
...
Odette
4 months ago
But isn't it more about the sales generated from the inventory?
upvoted 0 times
...
Esteban
4 months ago
Exactly, it's important to keep the inventory moving efficiently.
upvoted 0 times
...
Georgene
4 months ago
A) Inventory proceeds
upvoted 0 times
...
Jordan
4 months ago
Absolutely, keeping that inventory moving is key!
upvoted 0 times
...
Lindsey
4 months ago
B) Inventory turnover
upvoted 0 times
...
Elinore
5 months ago
B) Inventory turnover
upvoted 0 times
...
...

Save Cancel