CLT Inventory Management & Control 2

Question 1

A cycle count shows 47 units in a bin, but the WMS shows 50. What should the technician do first?

Accepted Answer

Recount the location to verify the discrepancy

Answer

Standard practice is to recount and verify before making any inventory adjustment.

Question 2

Under ABC analysis, which items are usually counted most often?

Accepted Answer

A items, because they make up most of the annual dollar value

Answer

A items make up a small share of SKUs but most of the dollar value, so they get counted most often.

Question 3

A pharmacy distributor ships the units with the earliest expiration date first, no matter when they arrived. Which method is this?

Accepted Answer

FEFO

Answer

FEFO (First Expired, First Out) ranks stock by expiration date, not by when it was received.

Question 4

Daily demand is 20 units, lead time is 5 days, and safety stock is 30 units. What is the reorder point?

Accepted Answer

130 units

Answer

Reorder point = (20 x 5) + 30 = 130 units.

Question 5

Which inventory system updates on-hand balances in real time after every receipt and shipment?

Accepted Answer

Perpetual inventory system

Answer

A perpetual system updates records with every transaction, so balances are always current.

CLT - Certified Logistics Technician Practice Test