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Which of the following items can be classed as inventory? Select THREE
Correct Answer: A,B,E
Comprehensive and Detailed Explanation From Exact Extract: Inventory in logistics and supply chain management refers to goods held for sale or for use in producing goods for sale, at any stage of completion. This includes raw materials/components, work-in-progress (WIP), and finished goods. Physical assets such as warehouses or vehicles are not inventory; they are resources /capacity assets. (Reference: CIPS L5M10 Study Guide, Section on "The role of logistics and inventory," p. 3)
