ISM Exam CPSM1 Topic 2 Question 105 Discussion

Actual exam question for ISM's CPSM1 exam

Question #: 105
Topic #: 2

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 Justine at Jan 13, 2025, 08:40 AM

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Willard

10 days ago

B) Inventory turnover. Easy peasy, like calculating the number of times I've opened the fridge today.

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Carman

15 days 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

7 days ago

Yeah, that sounds right. It measures how quickly inventory is sold.

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Daniel

9 days ago

I think the answer is B) Inventory turnover.

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Cristina

25 days ago

I'm not sure, but I think it's either A) Inventory proceeds or B) Inventory turnover.

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Ming

1 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

1 months ago

I agree with Helene, because it makes sense to measure how quickly inventory is being sold.

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Stevie

1 months ago

B) Inventory turnover - I remember this from my supply chain management class. Definitely the right answer.

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Tammi

2 days 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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