APICS Certified Supply Chain Professional (CSCP) — Question 241

The ABC classification system answers which two of the following questions?

Answer options

• A. How much inventory should be ordered at one time, and when will the order be placed?
• B. What is the importance of the inventory item, and how will the inventory items be controlled?
• C. How much inventory should be ordered at one time, and what is the importance of the inventory item?
• D. When will the order be placed, and how will the inventory items be controlled?

Correct answer: B

Explanation

The correct answer is B because the ABC classification system focuses on the importance of inventory items and the control methods applied to them. Options A, C, and D address ordering quantities and timing, which are not core aspects of the ABC classification approach.