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Exam Code:	L4M7
Exam Name:	CIPS Whole Life Asset Management
Certification Provider:	CIPS
Free Question Number:	87
Version:	v2025-01-13
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Exam Question List: Question 1: Which of the following are typical characteristics of 2D bar...; Question 2: Which of the following would be considered independent deman...; Question 3: Which of the following costs does the EOQ minimise?...; Question 4: The size of order that minimises the total cost of acquiring...; Question 5: Which of the following are recognised hidden costs associate...; Question 6: RFID uses radio frequencies for the purpose of identificatio...; Question 7: Which of the following is the core idea of Lean manufacturin...; Question 8: The optimum balance in the standard ISO 18602:2013 (Packagin...; Question 9: Lean principle focuses on eliminating eight types of waste. ...; Question 10: Which of the following is the character that allows the comp...; Question 11: Which of the following best describes the relationship betwe...; Question 12: When deciding on the storage facilities and locations, an or...; Question 13: Which of the following are advantages for a purchasing organ...; Question 14: XYZ Inc opens a tender to purchase new forklift trucks for t...; Question 15: An organisation needs to determine whether to lease a piece ...; Question 16: A supermarket calculates that the average holding cost for a...; Question 17: Which of the following are the different types of inventory ...; Question 18: A construction organisation requires specialist equipment fo...; Question 19: Which of the following best describes the term 'periodic rev...; Question 20: A brewery sells its beer in aluminum cans. It recycles the c...; Question 21: Stockyards are suitable for specific materials with which of...; Question 22: Which of the following is the correct statement about total ...; Question 23: Which of the following are essential aspects that are requir...; Question 24: Hi-Tech Products Inc. (HTP) has just opened a new state-of-t...; Question 25: Which of the following is a description of a distribution ce...; Question 26: An organisation might find it more beneficial to lease and u...; Question 27: Extra units that are held in inventory to reduce the risks o...; Question 28: Do all types of warehouses require access to daylight to red...; Question 29: SpeedyCar GmbH is a vehicle manufacturer that is launching a...; Question 30: Which of the following costs can be classified as 'acquisiti...; Question 31: ANTA Logistics is looking for a place to build a new, integr...; Question 32: Bulk loose coal that requires massive handling system should...; Question 33: Which of the following are most likely to be the purposes of...; Question 34: Which of the following would be an impact of low stock in th...; Question 35: A manufacturing organisation has a large volume of raw mater...; Question 36: XYZ Ltd is a retailer in the US. Their customers' demand for...; Question 37: What advantage can the use of ABC classification of stock pr...; Question 38: What is meant by the economic life of an asset?...; Question 39: Which is the best definition of reorder point?...; Question 40: Resevoir Inc runs several oil refineries across the country....; Question 41: A manufacturer has discovered that some of the stock in its ...; Question 42: In a manufacturing organisation, which of the following expl...; Question 43: The selection of the correct type of material handling equip...; Question 44: Which of the following are advantages of a multi-story wareh...; Question 45: "Open stock plus purchases minus closing stock" is the formu...; Question 46: Decommissioning, removal and disposal of assets may have imp...; Question 47: The following are examples of scheduled maintenance except.....; Question 48: Which costs in the following list are categorised as operati...; Question 49: What term describes a method used to account for inventory, ...; Question 50: To make loading/unloading more effective and efficient, whic...; Question 51: A company does not have enough space to hold inventory to sa...; Question 52: Which of the following is a benefit of bar code scanning sys...; Question 53: Which of the following allow an organisation to have more fl...; Question 54: What is meant by the economic life of an asset?...; Question 55: Company XYZ is a candy manufacturer. Company XYZ makes a bat...; Question 56: Which of the following is a forecasting technique?...; Question 57: The only reason stocks become obsolete is because items have...; Question 58: The width of aisles within a warehouse is determined by...?...; Question 59: Which of the following are likely to be included in a formal...; Question 60: A manager who is concerned about the environmental impact of...; Question 61: To improve the security of a warehouse, alarm systems are co...; Question 62: Sidel Corp is a major food processor. It invested heavily on...; Question 63: XYZ Ltd is a highly profitable leading industrial distributo...; Question 64: A food processing manufacturer must be able to trace the ing...; Question 65: Which of the following is the most suitable container of fas...; Question 66: Which of the following are critical factors that must be con...; Question 67: Which of the following code systems is commonly used by gove...; Question 68: Radio Frequency Identification (RFID) is an electronic techn...; Question 69: Which of the following statements is true?...; Question 70: Which of the following are most likely to be direct benefits...; Question 71: In just in time production system, when is an upstream produ...; Question 72: A procurement manager has been asked to justify the purchase...; Question 73: Nuclear Energy Group Limited (NEG) has a number of investmen...; Question 74: Which of the following are subjective forecasting techniques...; Question 75: U-shape flow layout can utilise handling equipment if the hi...; Question 76: In the periodic review system, the order quantity is the sam...; Question 77: Warehouse automation involves the use of technology to perfo...; Question 78: Manufacturing resources planning (MRP II) was developed from...; Question 79: A manufacturer aims at increasing the service levels to 99% ...; Question 80: A hospital is purchasing a new software product that will ad...; Question 81: Which of the following is the Japanese word for 'billboard' ...; Question 82: A retailer wants to improve its service level in inventory m...; Question 83: Buffer stock is a level of stock which......; Question 84: Which of the following are main objectives of warehouse oper...; Question 85: Which component of an RFID device is responsible for sending...; Question 86: A major investment bank is planning to purchase a complex ba...; Question 87: One of the classifications of inventory is referred to as 'i...

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