Don Stone Don Stone's Profile Page

Don Stone Don Stone

0 Course Enrolled • 0 Course Completed

Biography

L4M7 Exam Preparation: CIPS Whole Life Asset Management & L4M7 Practice Labs

P.S. Free 2025 CIPS L4M7 dumps are available on Google Drive shared by Prep4sureExam: https://drive.google.com/open?id=10xoZdzlwLVkhRdDQoLOjktlZCTU9z-d-

We can proudly claim that you can successfully pass the exam just on the condition that you study with our L4M7 preparation materials for 20 to 30 hours. And not only you will get the most rewards but also you will get an amazing study experience by our L4M7 Exam Questions. For we have three different versions of our L4M7 study guide, and you will have different feelings if you have a try on them.

The CIPS Whole Life Asset Management (L4M7) certification exam is one of the best credentials in the modern CIPS world. The CIPS Whole Life Asset Management (L4M7) certification offers a unique opportunity for beginners or experienced professionals to demonstrate their expertise and knowledge with an industry-recognized certificate. With the CIPS L4M7 Exam Dumps, you can not only validate your skill set but also get solid proof of your proven expertise and knowledge.

>> Exam L4M7 Reference <<

Latest L4M7 Dumps Ebook - Latest L4M7 Test Online

L4M7 is the authentic study guides with the latest exam material which can help you solve all the difficulties in the actual test. Our L4M7 free demo is available for all of you. You will receive an email attached with the L4M7 training dumps within 5-10 minutes after completing purchase. Immediately download for the L4M7 study pdf is available for study with no time wasted. We have money refund policy to ensure your interest in case the failure of L4M7 actual test.

CIPS Whole Life Asset Management Sample Questions (Q46-Q51):

NEW QUESTION # 46
A warehouse manager is evaluating the use of Automated Guided Vehicles (AGVs) within a non-repetitive task environment. After reviewing their use, the manager decided to invest in a number of AGVs. Was this decision correct?

A. No, as it commits the organization to a large capital cost
B. No, as they are only suitable for use in repetitive task environments
C. Yes, as it will increase stock picking accuracy and productivity
D. Yes, as it will reduce the costs of labor by replacing a human worker

Answer: B

Explanation:
Automated Guided Vehicles (AGVs) are best suited for environments with repetitive tasks, such as fixed routes in production lines. In non-repetitive tasks, their efficiency and effectiveness decrease. Whole-life asset management prioritizes choosing automation that aligns with operational needs, ensuring cost-effectiveness and suitability for the given tasks.

NEW QUESTION # 47
Which of the following purchases are most likely to have low acquisition costs? Select TWO that apply.

A. Procurement of construction projects
B. Purchase of ERP system
C. Straight re-buy from a current supplier
D. Purchase of standard catalogued products
E. Spot purchase of a technically complexed machinery

Answer: C,D

Explanation:
According to L4M7 study guide, acquisition costs in procurement are the costs associated with the activities involved in a purchase. A buying organisation incurs acquisition costs in low-value purchases as well as high-value purchases. The following purchases tend to have lower acquisition costs:
- Straight re-buy from a current supplier
- Purchase of standard catalogued products
Otherwise, any purchases of high value, high-risk items generally require greater attention of buying organisation and thus, they are likely to have higher acquisition costs. Spot purchase of a technically complexed machinery, Purchase of ERP system and Procurement of construction projects are examples of high-value, high-risk purchases.
Reference:
LO 3, AC 3.1

NEW QUESTION # 48
The ABC approach involves classifying inventory items by unit cost, with expensive items classi-fied as 'A' items and low cost items classified as 'C' items. Is this statement true?

A. Yes, 'A' items represent approximately 20% of total unit prices
B. No, ABC analysis considers the usage of each inventory item
C. No, ABC analysis considers the supply risks associated with an inventory item
D. Yes, 'C' items with the lowest unit prices are the tail spends

Answer: B

Explanation:
ABC analysis is an approach for classifying inventory items based on the items' consumption val-ues.
Consumption value is the total value of an item consumed over a specified time period, for example a year.
The approach is based on the Pareto principle to help manage what matters and is applied in this context:
- A items are goods where annual consumption value is the highest. Applying the Pareto principle (also referred to as the 80/20 rule where 80 percent of the output is determined by 20 percent of the input), they comprise a relatively small number of items but have a relatively high consumption value. So it'slogical that analysis and control of this class is relatively intense, since there is the greatest potential to reduce costs or losses.
- B items are interclass items. Their consumption values are lower than A items but higher than C items. A key point of having this interclass group is to watch items close to A item and C item classes that would alter their stock management policies if they drift closer to class A or class C. Stock management is itself a cost. So there needs to be a balance between controls to protect the asset class and the value at risk of loss, or the cost of analysis and the potential value returned by reducing class costs. So, the scope of this class and the inventory management policies are determined by the estimated cost-benefit of class cost reduction, and loss control systems and processes.
- C items have the lowest consumption value. This class has a relatively high proportion of the total number of lines but with relatively low consumption values. Logically, it's not usually cost-effective to deploy tight inventory controls, as the value at risk of significant loss is relatively low and the cost of analysis would typically yield relatively low returns.
LO 2, AC 2.1

NEW QUESTION # 49
A manufacturing organization has a large volume of raw material stock now viewed as redundant. Which of the following is the most appropriate process for the organization?

A. Ask the original supplier for potential return and credit or sell the stock
B. Maintain the safety and security of the stock for potential future use
C. Re-package and isolate the stock from the remaining stock to maximize usable space
D. Scrap the stock as environmentally as possible and reorganize the warehouse

Answer: A

Explanation:
Returning redundant stock to the supplier (or selling it) is an effective approach, as it can recover some value and free up warehouse space. This option aligns with whole-life asset management's emphasis on reducing costs associated with unused assets and managing inventory efficiently.

NEW QUESTION # 50
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.

A. Adopting carousel-type storage
B. Temporary warehousing
C. Eliminating dead stock or inventory
D. Consignment stocking
E. Installing double-deep pallet racking

Answer: B,D

Explanation:
Temporary warehousing (or 'Very short-term warehousing') is offered in the market where organ-isation makes their requirements for space open online to offers or bids for available space. This appears to be an emerging market and service providers in the UK and USA typically quote a price per pallet per week with some also requiring a 'transaction fee' for movements of each pallet in and out.
Consignment stocking is a facility offered by a supplier to a buyer to allow a delivery of stock to the buyer with payment only after it is used or sold to a customer.
Double-deep pallet racking and carousel-style storage are two tools that leverage space within a warehouse:
Double-deep pallet rack

Carousel style storage

NEW QUESTION # 51
......

If you are sure that you want to be better, then you must start taking some measures. Selecting L4M7 practice prep may be your key step. If you are determined to pass the exam, our L4M7 study materials can provide you with everything you need. You can have the L4M7 Learning Materials, study plans and necessary supervision you need. You will have no reason to stop halfway until you get success.

Latest L4M7 Dumps Ebook: https://www.prep4sureexam.com/L4M7-dumps-torrent.html

CIPS Exam L4M7 Reference You can free download a part of the dumps, With Prep4sureExam Latest L4M7 Dumps Ebook, you could throw yourself into the exam preparation completely, If you are dreaming for obtaining a useful certificate, our L4M7 study guide materials will help you clear exam easily, The excellent CIPS L4M7 practice exam from Prep4sureExam can help you realize your goal of passing the CIPS L4M7 certification exam on your very first attempt.

Don't Break the Browser, Cloud Computing Examples, You can Latest L4M7 Dumps Ebook free download a part of the dumps, With Prep4sureExam, you could throw yourself into the exam preparation completely.

If you are dreaming for obtaining a useful certificate, our L4M7 Study Guide materials will help you clear exam easily, The excellent CIPS L4M7 practice exam from Prep4sureExam can help you realize your goal of passing the CIPS L4M7 certification exam on your very first attempt.

Quiz 2025 Marvelous CIPS L4M7: Exam CIPS Whole Life Asset Management Reference

Prep4sureExam is committed to offer Prep4sureExam L4M7 clients the easiest solutions to get through Prep4sureExam certifications exams.

2025 Latest Prep4sureExam L4M7 PDF Dumps and L4M7 Exam Engine Free Share: https://drive.google.com/open?id=10xoZdzlwLVkhRdDQoLOjktlZCTU9z-d-

Pages

Plans

Support

Categories

IT & Software

Creative & Design

Support