ISM INTE Exam - Topic 5 Question 3 Discussion

Actual exam question for ISM's INTE exam

Question #: 3
Topic #: 5

[All INTE Questions]

During an inventory review, a supply manager confirms that parts used for the maintenance of equipment sold during the previous year are still being stored in the warehouse. These parts cannot be used on current equipment. Which of the following BEST describes these parts'

ASurplus

BExcess

CObsolete

DExpired

Show Suggested Answer

Suggested Answer: C

Parts that were used for maintenance of equipment sold in the previous year but cannot be used on current equipment are best described as obsolete. Obsolete inventory refers to items that are no longer usable or saleable due to advancements in technology or changes in market demand. These parts should be identified and removed from active inventory to free up space and reduce carrying costs. Reference:

* Heizer, J., Render, B., & Munson, C. (2017). Operations Management: Sustainability and Supply Chain Management. Pearson.

* Chopra, S., & Meindl, P. (2015). Supply Chain Management: Strategy, Planning, and Op-eration. Pearson.

by Yun at Jul 01, 2024, 08:05 PM

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Benton

3 months ago

Expired? Nah, that's not the right term here.

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Geoffrey

3 months ago

Surprised they still have those lying around!

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Linwood

4 months ago

But aren't they just excess stock?

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Luisa

4 months ago

I agree, they can't be used anymore.

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Alaine

4 months ago

Those parts are definitely obsolete.

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Vicente

4 months ago

I keep mixing up "surplus" and "excess." I wonder if those parts could be considered surplus if they were just extra stock?

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Micah

4 months ago

I practiced a similar question, and I think "obsolete" is definitely the best choice here since they can't be used on current equipment.

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Berry

5 months ago

I'm not entirely sure, but I feel like "excess" could also apply if they just have too many of those parts.

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Francesco

5 months ago

I remember studying about inventory classifications, and I think "obsolete" might be the right term since those parts can't be used anymore.

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Aracelis

5 months ago

Based on the information provided, I think the parts are considered obsolete. They can't be used on current equipment, so they are no longer useful or relevant, which fits the definition of obsolete.

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Chaya

5 months ago

I'm a little confused on the difference between surplus and obsolete in this case. Are they the same thing or is there a distinction I'm missing?

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Mariann

5 months ago

I think the key is that these parts were used for maintenance of equipment that was sold in the previous year. That means they are no longer needed, so I'd say the best answer is C. Obsolete.

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Rory

5 months ago

Hmm, I'm not sure if surplus is the best description here. The question mentions they can't be used on current equipment, so they might be considered obsolete.

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Melodie

5 months ago

This seems pretty straightforward. The parts are no longer needed for the current equipment, so they must be considered surplus.

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Margarett

5 months ago

Okay, let's see. I think the Database.queryLocator method might be the best approach here to handle the large data volume.

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Dacia

5 months ago

The idea that internal auditors could help external ones sounds familiar. Maybe it's option D that's false?

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Monte

5 months ago

This looks straightforward true/false. I'm pretty sure the statement is backwards from what logic would suggest.

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Dierdre

5 months ago

Hmm, I'm a bit confused about the roles and privileges part. Does that mean the API Key can be assigned specific permissions, or is it just the roles that are assigned? I'll need to think that one through.

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Estrella

5 months ago

I think option C, "contract MyContractA extends MyContractB {...}", might also be valid, but I'm not 100% certain. I'll have to think this through carefully.

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