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Exam CLTD topic 1 question 13 discussion

Actual exam question from APICS's CLTD
Question #: 13
Topic #: 1
[All CLTD Questions]

Consignment inventory requires that manufacturers:

  • A. deliver their products to the consumer and payment from consumers is based on supply.
  • B. stock their products on retail stores shelves and payment from consumers is based on forecast.
  • C. deliver their products to the consumer and wait for payment until consumers requires to refill stock level.
  • D. stock their products on retail stores shelves and wait for payment until consumers purchase the product.
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Suggested Answer: D 🗳️
by bawapetergomes at May 1, 2024, 3:49 a.m.

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untawale
3 months ago
D , as MFG dont deliver themselves to consumer. Also they have to wait for payment till consumer purchase product. Ex. FMCG.
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bawapetergomes
6 months, 3 weeks ago
Selected Answer: D
Answer is D. Consignment Inventory is owned by manufacturer until payment is received by selling it
upvoted 1 times
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