Free CIPS L4M7 Exam Questions
Absolute Free L4M7 Exam Practice for Comprehensive Preparation
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CIPS L4M7 Exam Questions
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Provided By: CIPS
- Exam: Whole Life Asset Management
- Certification: CIPS Certification
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Total Questions: 343
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Updated On: Dec 05, 2025
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Rated: 4.9 |
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Online Users: 686
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Question 1
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What is the smallest aisle width that standard counterbalanced forklifts can operate in?
Answer: B
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What is the smallest aisle width that standard counterbalanced forklifts can operate in?
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Question 2
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The minimal total cost is always achieved when there is only one warehouse. Is this statement true?
Answer: D
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The minimal total cost is always achieved when there is only one warehouse. Is this statement true?
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Question 3
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A manufacturer is making a plan for strategic safety stock. To do so, they must analyse the probability of a stock out occurring and the cost impacts if it does. Which of the following are typical costs the manufacturer may incur in 'out of stock' event? Select TWO that apply.
Answer: A
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A manufacturer is making a plan for strategic safety stock. To do so, they must analyse the probability of a stock out occurring and the cost impacts if it does. Which of the following are typical costs the manufacturer may incur in 'out of stock' event? Select TWO that apply.
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Question 4
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A company bought 100 items for $15 each and then another 100 items for $20 each. It sold 60 items and assumed the COSG for each item was $15. It also assumed the value of the remaining 140 items was split into two groups: 40 items worth $15 each and 100 items worth $20 each. This is an example of…?
Answer: D
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A company bought 100 items for $15 each and then another 100 items for $20 each. It sold 60 items and assumed the COSG for each item was $15. It also assumed the value of the remaining 140 items was split into two groups: 40 items worth $15 each and 100 items worth $20 each. This is an example of…?
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Question 5
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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 locationWho owns the storage location or warehouse Access to transport networks The number of windows in the building
Answer: A
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