Pre-Winter Sale Limited Time 65% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: 65pass65

Free Whole Life Asset Management Practice Questions

Exams4sure Dumps

Exam style questions across every L4M7 domain

Last Update 2 days ago
Total Questions : 294

Start with our free L4M7 practice questions, carefully crafted to mirror the domains, phrasing, and difficulty of the real CIPS Level 4 Diploma in Procurement and Supply exam. Each L4M7 exam question comes with a detailed rationale that explains not just which answer is correct but why the others fall short. That's how concepts stick. Use the free set to benchmark yourself: identify your CIPS weak domains, see where you're losing marks, and build a focused study plan in minutes.

L4M7 PDF

L4M7 PDF (Printable)
$54.25
$154.99

L4M7 Testing Engine

L4M7 PDF (Printable)
$59.5
$169.99

L4M7 PDF + Testing Engine

L4M7 PDF (Printable)
$74.55
$212.99
Question # 51

A brewery sells its beer in aluminum cans. It recycles the cans by using contractors to collect and mold the used cans. This is an example of...?

Options:

A.  

Closed-loop recycling

B.  

Carbon recycling

C.  

Open-loop recycling

D.  

Reuse

Discussion 0
Question # 52

Which of the following allow an organisation to have more flexible space for storage by leveraging the facilities of other parties? Select TWO that apply.

Options:

A.  

Eliminating dead stock or inventory

B.  

Temporary warehousing

C.  

Installing double-deep pallet racking

D.  

Consignment stocking

E.  

Adopting carousel-type storage

Discussion 0
Question # 53

What is the stock turn for a store holding products to the value of £250,000 with annual sales of these products amounting to £1,000,000?

Options:

A.  

10

B.  

4

C.  

0.25

D.  

0.4

Discussion 0
Question # 54

A manufacturing organisation has a large volume of raw material stock now viewed as redundant. Which of the following is the most appropriate process for the organisation?

Options:

A.  

Scrap the stock as environmentally as possible and reorganise the warehouse

B.  

Repackage and isolate the stock from the remaining stock to maximise usable space

C.  

Ask the original supplier for potential return and credit or sell the stock

D.  

Maintain the safety and security of the stock for potential future use

Discussion 0
Question # 55

Sidel Corp is a major food processor. It invested heavily on manufacturing facilities and processing machineries. Sidel's expenses on maintenance are exceptionally high. To minimise the total cost of maintenance, what should Sidel Corp do?

Options:

A.  

Replace every machineries at breakdowns

B.  

Only conduct preventative maintenance

C.  

Outsource corrective maintenance but in-source preventative maintenance.

D.  

Balance between proactive maintenance and reactive maintenance

Discussion 0
Question # 56

A logistics company has a 2-story warehouse in the suburban area. The goods receiving area and dispatch area are located on the ground floor only. There is a lift connecting the two floors. The daily operations of the warehouse are quite busy. Which of the following would the best arrangement for this warehouse?

Options:

A.  

Small items in tote boxes will be stored on the ground floor with forklifts and other equipment, high-usage palletised items will be stored on the first floor

B.  

Medium- to low-usage palletised items will be stored on the ground floor, high-usage items will be stored on the first floor where the building administrative office is located

C.  

Forklifts and other warehouse equipment will park on the ground floor, all inventories will be stored on the first floor

D.  

Pallets, roller cages and other bulky items will be stored on the ground floor, smaller items in plastic tote boxes will be stored on the first floor

Discussion 0
Question # 57

Which of the following is the definition of work in progress inventory?

Options:

A.  

Inventory that has finished the production process

B.  

Inventory introduced into production but not completed as of the stocktake date

C.  

Inventory not yet introduced into the production process

D.  

Obsolete inventory

Discussion 0
Question # 58

Extra units that are held in inventory to reduce the risks of stock-out are called...?

Options:

A.  

Just-in-time

B.  

Reorder point

C.  

Safety stock

D.  

Demand variance

Discussion 0

Free Exams Sample Questions