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Download Full Version L4M7 CIPS Exam

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Total 255 questions

Whole Life Asset Management Questions and Answers

Question 57

Which of the following is a description of a distribution centre?

Options:

A.

A building which is rented to tenants, usually on a short-term month-by-month basis

B.

A large building for storing things before they are sold, used, or sent out to shops

C.

A large metal box of a standard design and size used for the transport of goods by road, rail, sea, or air

D.

A building that offers value-added services like product mixing, order fulfilment, cross-docking, and packaging

Question 58

XYZ Ltd is a retailer in the US. Their customers' demand for Thanksgiving and Christmas decora-tions usually rises in the end of the year. This irregular demand results in more required storage space for finished goods during peak seasons. Which of the following are possible solutions for dealing with required additional space?

1. Maximising aisle width

2. Keeping high buffer stock throughout the year

3. Maximising flexibility in warehouse layout

4. Installing mezzanine floor

Options:

A.

1 and 3 only

B.

2 and 4 only

C.

1 and 2 only

D.

3 and 4 only

Page: 15 / 15
Total 255 questions