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L4M7 Exam Dumps : Whole Life Asset Management

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Whole Life Asset Management Questions and Answers

Question 1

The optimum balance in the standard ISO 18602:2013 (Packaging and the environment — Optimi-zation of the packaging system) considers which of the following factors?

1. Environmental impact of losses due to lack of packaging

2. The process for packaging design, including material selection

3. Procedures and requirements for packaging that are suitable for organic recycling

4. Environmental impact of excess packaging

Options:

A.

2 and 3 only

B.

2 and 4 only

C.

1 and 3 only

D.

1 and 4 only

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Question 2

Which of the following is the core idea of Lean manufacturing?

Options:

A.

New product development

B.

Waste elimination

C.

Improving response to erratic demand

D.

Business Continuity Planning

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A manufacturer has discovered that some of the stock in its storeroom is obsolete and now wishes to take the appropriate action.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