L4M7試験無料問題集「CIPS Whole Life Asset Management 認定」

Which of the following are objectives of Just-in-Time (JIT) in the control of inventory? Select TWO that apply.
* To reduce the possible effect of stockout situations by increasing the level of buffer stocks
* To have sufficient safety stock to cover shortages due to the extension of lead time
* To ensure that products are free from defects and meet the quality expectations of the customer
* To reduce work-in-progress, finished goods, and sub-assembly inventories to zero
* To ensure that the cost of holding inventory is directly proportional to the value of the inventory

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Nuclear Energy Group Limited (NEG) has a number of investment options currently under appraisal. As these are all long-term investments (more than 30 years), NEG is adopting a total cost of ownership approach. It has gathered data on all associated costs over the life of the investment. Which of the following will be regarded as end-of-life costs?

What are the contents of master production schedule in MRP system?

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Which of the following refer to material used for filling the void left in the box but they have poor environmental profile?

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Which of the following is NOT an improvement available in ERP II in compare with ERP?

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

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What term describes the method used to account for inventory, where the most recently produced items are recorded as sold first?

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Removal or disposal of assets should depend on an assessment of which of the following? Select TWO that apply.

Which of the following are recognised hidden costs associated with global sourcing?
* Quality control and nonconformance costs
* Increased lead times and inventory carrying costs
* Lower labour and wage costs
* Cost of tariffs and duties in supply chains

A procurement manager has agreed a contract for the acquisition of a piece of capital equipment and has negotiated a staged payment contract of 30% with order, 30% on delivery, and the remaining 40% on acceptance testing. Was this the right thing to do?

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Buffer stock is a level of stock which ...

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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?

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In a manufacturing organization, which of the following explains an 'indirect' stock classification of items?

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The size of the order that minimizes the total cost of acquiring and holding stock is known as ...

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Which of the following are critical factors that must be considered when evaluating warehouse or storage locations?
* The cost of the proposed location
* Who owns the storage location or warehouse
* Access to transport networks
* The number of windows in the building

Which of the following factors influence stock-holding policy for slow-moving items?
* Item cost
* Surplus cost
* Shortage cost
* Lead time

Hi-Tech Products Inc. (HTP) has just opened a new state-of-the-art distribution centre. It has invested heavily in new technology that will help manage, store, and identify stock items and their locations quickly and continuously. Its investment uses wireless technology. HTP will be using which of the following?

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

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Which of the following are features of product codes?
1. Product codes link to products' characteristics
2. A product code must comply with international standards
3. Many internal processes use the product codes as facilitators
4. There are no duplicate product codes

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Which of the following best describes what happens when order volumes from customers increase and multiply through the supply chain?

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