ISM Exam CPSM1 Topic 1 Question 102 Discussion

Actual exam question for ISM's CPSM1 exam

Question #: 102
Topic #: 1

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:

AInventory proceeds

BInventory turnover

CInventory yield

DInventory return

Show Suggested Answer

Suggested Answer: B

by Nickolas at Oct 24, 2024, 05:59 PM

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Lashawn

13 days ago

Inventory turnover, that's a no-brainer! It's the classic way to measure how quickly your inventory is moving through the business.

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Alison

16 days ago

I agree with Harley. Inventory turnover makes sense because it measures how quickly inventory is being sold.

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Harley

17 days ago

I think the answer is B) Inventory turnover.

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