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CIPS L4M7 Exam With Confidence Using Practice Dumps

Exam Code:
L4M7
Exam Name:
Whole Life Asset Management
Vendor:
Questions:
255
Last Updated:
Nov 21, 2024
Exam Status:
Stable
CIPS L4M7

L4M7: CIPS Level 4 Diploma in Procurement and Supply Exam 2024 Study Guide Pdf and Test Engine

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Whole Life Asset Management Questions and Answers

Question 1

Which of the following should be considered when an organisation plans for disposing obsolescent and redundant stock? Select TWO that apply.

Options:

A.

Financial costs

B.

Economic order quantity

C.

ABC analysis

D.

Takt time

E.

Environmental issues

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Question 2

Buffer stock is a level of stock which...

Options:

A.

Is half of the actual stock that needs to be in the warehouse

B.

Is the minimum stock level below which actual stock should not fall

C.

Is the maximum stock in inventory

D.

Is when the physical ordering process should start to replenish used items

Question 3

Which component of an RFID device is responsible for sending and receiving radio waves?

Options:

A.

Network database

B.

Laser beam

C.

Integrated circuit

D.

Antenna