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L4M7 Exam Dumps : Whole Life Asset Management

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Whole Life Asset Management Questions and Answers

Question 1

Which of the following is the formula for calculating the re-order level?

Options:

A.

Average usage in a lead-time / Required level of safety stock

B.

Required level of safety stock x Average usage in a lead-time.

C.

Required level of safety stock – Average usage in a lead-time

D.

Average usage in a lead-time + Required level of safety stock

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Question 2

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

Question 3

A manufacturer has discovered that some of the stock in its storeroom is obsolete and now wishes to take the appropriate action. Should the manufacturer write the stock off?

Options:

A.

No, the best approach would be to leave the stock where it is

B.

Yes, as it has no value it must be written off

C.

Yes, this will increase the sales for the period

D.

No, it should be included with the closing stock