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: Nov 24, 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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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.
Answer: B,C
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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.
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Question 2
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U-shape flow layout can utilize handling equipment if the high demands items locate adjacent to shipping docks. Is this statement true?
Answer: B
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U-shape flow layout can utilize handling equipment if the high demands items locate adjacent to shipping docks. Is this statement true?
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Question 3
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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 4
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XYZ Ltd wants to determine the safety stock level of a strategic material for its new product - DMD. It needs to forecast the future demand for this product. It invites external consultants and cross-functional team members to a meeting. They answer questionnaires anonymously and see the "group response" as a statistical summary. They repeat this process until they reach a closer agreement. What forecasting method is XYZ Ltd using?
Answer: B
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XYZ Ltd wants to determine the safety stock level of a strategic material for its new product - DMD. It needs to forecast the future demand for this product. It invites external consultants and cross-functional team members to a meeting. They answer questionnaires anonymously and see the "group response" as a statistical summary. They repeat this process until they reach a closer agreement. What forecasting method is XYZ Ltd using?
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Question 5
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In the periodic review system, the order quantity is the same for each order. Is this statement true?
Answer: B
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