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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'
Suggested Answer: C
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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.
40 comments · newest first
BE
Benton
11 months ago
Expired? Nah, that's not the right term here.
GE
Geoffrey
12 months ago
Surprised they still have those lying around!
LI
Linwood
12 months ago
But aren't they just excess stock?
LU
Luisa
1 year ago
I agree, they can't be used anymore.
AL
Alaine
1 year ago
Those parts are definitely obsolete.
VI
Vicente
1 year ago
I keep mixing up "surplus" and "excess." I wonder if those parts could be considered surplus if they were just extra stock?
MI
Micah
1 year 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.
BE
Berry
1 year ago
I'm not entirely sure, but I feel like "excess" could also apply if they just have too many of those parts.
FR
Francesco
1 year ago
I remember studying about inventory classifications, and I think "obsolete" might be the right term since those parts can't be used anymore.
AR
Aracelis
1 year 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.
CH
Chaya
1 year 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?
MA
Mariann
1 year 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.
RO
Rory
1 year 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.
ME
Melodie
1 year ago
This seems pretty straightforward. The parts are no longer needed for the current equipment, so they must be considered surplus.
MA
Margarett
1 year ago
Okay, let's see. I think the Database.queryLocator method might be the best approach here to handle the large data volume.
DA
Dacia
1 year ago
The idea that internal auditors could help external ones sounds familiar. Maybe it's option D that's false?
MO
Monte
1 year ago
This looks straightforward true/false. I'm pretty sure the statement is backwards from what logic would suggest.
DI
Dierdre
1 year 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.
ES
Estrella
1 year 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.
EA
Earleen
2 years ago
I bet the supply manager is 'storing' these parts in their garage at home. Talk about a warehouse clearance sale!
IL
Ilda
2 years ago
Expired, like a carton of milk past its due date. These parts are as good as garbage now. The supply manager needs to get their act together.
KA
Kayleigh
2 years ago
D) Expired
MA
Maira
2 years ago
C) Obsolete
DA
Daren
2 years ago
B) Excess
GL
Glenn
2 years ago
A) Surplus
BE
Bettye
2 years ago
I don't think so, surplus implies extra, not outdated.
TA
Tarra
2 years ago
But could they be considered as surplus instead?
BU
Buddy
2 years ago
Obsolete, hands down. The equipment's been sold, so these parts are as useful as a chocolate teapot. Time to send them to the scrap heap.
IR
Irene
2 years ago
D) Expired
AL
Albert
2 years ago
C) Obsolete
BR
Brendan
2 years ago
B) Excess
FE
Felice
2 years ago
A) Surplus
RO
Ronny
2 years ago
I agree, they are no longer useful.
KI
Kip
2 years ago
Hmm, I'd say these are excess parts. I mean, if they're not being used on current equipment, they're just taking up valuable warehouse space.
GE
Gerardo
2 years ago
Definitely obsolete. Who keeps parts for equipment that's no longer sold? Sounds like someone's been slacking on inventory management.
CO
Cordell
2 years ago
D) Expired
GA
Gail
2 years ago
C) Obsolete
HY
Hyman
2 years ago
B) Excess
RO
Rosamond
2 years ago
A) Surplus
BE
Bettye
2 years ago
I think the parts are obsolete.