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APICS Exam CSCP Topic 1 Question 70 Discussion

Actual exam question for APICS's CSCP exam
Question #: 70
Topic #: 1
[All CSCP Questions]

Which of the following factors is the key determinant of safety stock for finished goods?

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Suggested Answer: B

Contribute your Thoughts:

Thad
2 months ago
Safety stock? More like 'safety snacks' if you ask me. I'm just going to stock up on some extra cookies and hope for the best.
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Serina
2 months ago
This question is a real brain-teaser! I'm torn between C) Standard deviation and D) Desired service level. Guess I'll have to flip a coin on this one.
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Val
24 days ago
I'm leaning towards C) Standard deviation as the main factor for safety stock calculation.
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Denise
1 months ago
I believe it's actually A) Forecast variance that plays a crucial role in determining safety stock.
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Ronald
1 months ago
I think the key determinant of safety stock for finished goods is D) Desired service level.
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Evangelina
2 months ago
B) Mean absolute deviation (MAD) is the way to go. It gives you a better idea of the average deviation from the forecast, which is crucial for safety stock planning.
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Reiko
29 days ago
D) Desired service level is another factor to take into account when planning for safety stock.
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Marshall
1 months ago
C) Standard deviation can also play a role in calculating safety stock levels.
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Shawna
1 months ago
A) Forecast variance is also important to consider when determining safety stock for finished goods.
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Sheldon
2 months ago
D) Desired service level is the key, isn't it? You want to make sure you have enough inventory to meet customer demand, no matter what.
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Val
1 days ago
D) Yes, desired service level is crucial for determining safety stock.
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Kathrine
5 days ago
C) Standard deviation is also important to consider variability in demand.
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Artie
6 days ago
D) Yes, desired service level is crucial to ensure customer satisfaction.
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Nobuko
7 days ago
B) Mean absolute deviation (MAD) helps in measuring forecast accuracy.
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Shonda
8 days ago
C) Standard deviation is a factor to consider in determining safety stock levels.
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Sharmaine
11 days ago
A) Forecast variance plays a role too. You need to account for uncertainty in demand.
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Krissy
17 days ago
B) Mean absolute deviation (MAD) is also important to consider when calculating safety stock.
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Edison
29 days ago
A) Forecast variance plays a role too, you need to account for uncertainty in demand.
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Reita
2 months ago
But what about A) Forecast variance? Shouldn't that also play a role in determining safety stock?
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Aliza
2 months ago
I agree with Josue, because safety stock is directly related to meeting customer demand.
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Josue
2 months ago
I think the key determinant is D) Desired service level.
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Lourdes
2 months ago
But what about A) Forecast variance? Doesn't that also play a role in determining safety stock?
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Kristeen
2 months ago
I agree with Ria, because the desired service level directly impacts the safety stock.
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Kris
2 months ago
C) Standard deviation seems like the obvious choice here. I mean, the higher the variability in demand, the more safety stock you'll need to keep things running smoothly.
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Cecil
1 months ago
B) Mean absolute deviation (MAD) is often used in conjunction with standard deviation to calculate safety stock.
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Vannessa
1 months ago
C) Standard deviation is definitely a key factor in calculating safety stock levels.
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Buck
1 months ago
D) Desired service level is crucial too, you need to balance between having enough safety stock and not overstocking.
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Katheryn
1 months ago
A) Forecast variance is also important to consider when determining safety stock.
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Elmer
2 months ago
C) Standard deviation is definitely important, but don't forget about the mean absolute deviation (MAD) as well.
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Aracelis
2 months ago
A) Forecast variance plays a role too, you need to consider how accurate your forecasts are.
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Ria
3 months ago
I think the key determinant is D) Desired service level.
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