L4M7 Exam Dumps | In a manufacturing organization, which of the following explains an 'indirect' stock classification of

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Question 103/121

In a manufacturing organization, which of the following explains an 'indirect' stock classification of items?

A. Where the stock has been acquired from a distributor rather than another manufacturer

B. Where the stock does not have to be paid for until it has been used by the manufacturer

C. Where the stock is currently held in a warehouse owned by another organization

D. Where the stock is not used as part of manufacturing of the finished product

Correct Answer: D

Indirect stock refers to items that are necessary for the operation of the manufacturing process but are not incorporated into the finished product. Examples include maintenance supplies, office consumables, and tools.
In whole-life asset management, indirect stock management ensures that essential operational items are available without tying up excessive capital in inventory that doesn't contribute directly to production output.

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