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L4M7 Exam Dumps : Whole Life Asset Management

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Whole Life Asset Management Questions and Answers

Question 1

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

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Question 2

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

Question 3

SpeedyCar GmbH is a vehicle manufacturer that is launching a new electric vehicle onto the market, replacing a previous diesel vehicle. There is a lot of equipment in the manufacturing site to be changed, some new machinery to replace older machinery, and some production equipment to decommission. The costs of decommissioning would include which of the following?

Options:

A.

Costs to upgrade electric vehicle charging facilities

B.

Decontamination and cleaning costs for site areas

C.

Sales and marketing costs of the new electric vehicle

D.

Engineering drawing fees for the new electric vehicle designs