Master Brewer Certification Inventory Management & Supply Chain 2

Question 1

Which inventory valuation method assigns the cost of the most recently purchased raw materials to the cost of goods sold first?

Accepted Answer

LIFO

Answer

LIFO (Last-In, First-Out) assigns the cost of the newest inventory to COGS first, though it is not permitted under IFRS.

Question 2

A brewery negotiates a contract where the hop supplier delivers a fixed quantity every two weeks regardless of current stock levels. This is an example of which replenishment strategy?

Accepted Answer

Fixed-interval replenishment

Answer

Fixed-interval replenishment triggers orders on a predetermined schedule rather than when stock falls to a set level.

Question 3

What term describes the phenomenon where small fluctuations in end-consumer beer demand cause increasingly large swings in orders upstream through distributors, wholesalers, and malt suppliers?

Accepted Answer

Bullwhip effect

Answer

The bullwhip effect describes how demand variability is amplified as orders move up the supply chain.

Question 4

A master brewer wants to reduce the risk of spoilage in dry hop inventory. Which storage condition is MOST critical to maintain?

Accepted Answer

Low temperature (32–38°F) and low oxygen

Answer

Hops degrade rapidly when exposed to heat and oxygen, so cold, oxygen-free storage is essential to preserve alpha acid content.

Question 5

When evaluating a new malt supplier, which document confirms the lot-specific protein content, extract yield, and moisture of each shipment?

Accepted Answer

Certificate of Analysis (COA)

Answer

A Certificate of Analysis provides lab-verified quality parameters for each specific batch of ingredient received.

Master Brewer Certification Practice Test

Master Brewer Certification Practice Test

Master Brewer Certification Inventory Management & Supply Chain 2