The only reason stocks become obsolete is because items have been held in stock for...

Vendor: CIPS
Product: L4M7
Update on: Jul 30, 2025
Questions: 255

CIPS L4M7 Question Answer

The only reason stocks become obsolete is because items have been held in stock for a very long time. Is this a valid statement?

Yes, because all obsolete items result from significant overstocking

Yes, because users assume that the items are no longer in stock

No, because stock held for a long time are called buffer stocks

No, because some items can become obsolete because of changes in consumer needs

CIPS L4M7 Summary

Price: $52.5 ~~$149.99~~