Today we have a question relating to the new 2019 syllabus for P2.
The question was:
If an organisation stopped holding raw inventory and had agreements with its suppliers to provide the materials within a given delivery window, what has the organisation implemented?
This question relates to ‘A: Managing the Costs of Creating Value’ and is a slightly different version of the question in one of our free mock exams.
The correct answer was…
The removal of inventory and agreements to have the materials delivered within a given window is how Just-in-Time delivery works.
For more free questions use our Free CIMA Mock Exams for the 2019 syllabus use the menu above to access our little shop, at the same time you’ll have the option to upgrade to our + package which includes 50% more CIMA Mock Exam style questions, feedback and both revision and timed assessment modes plus much more.