Which of the following would be considered independent demand items of stock for a supplier...

CIPS L4M7 Question Answer

Which of the following would be considered independent demand items of stock for a supplier that is manufacturing laboratory imaging equipment? Select TWO that apply.

Office consumables for the organisation

Energy consumption for the organisation

Completed finished goods

Raw materials required for production

Machinery spares for the production lines

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CIPS L4M7 Summary

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

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Which of the following best describes available inventory (also known as inventory position)?

A supermarket calculates that the average holding cost for an item is $1.

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Which of the following would be considered independent demand items of stock for a supplier...

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