Fred Gray Fred Gray's Profile Page

Fred Gray Fred Gray

0 Course Enrolled • 0 Course Completed

Biography

Exam L4M7 Sample & Valid L4M7 Test Prep

BONUS!!! Download part of Dumps4PDF L4M7 dumps for free: https://drive.google.com/open?id=11KBrH0uE9bhzxWJjogKYee-3Bt7SV5DU

Dumps4PDF offers authentic L4M7 questions with accurate answers in their CIPS Whole Life Asset Management Exam practice questions file. These exam questions are designed to enhance your understanding of the concepts and improve your knowledge of the L4M7 Quiz dumps. By using these questions, you can identify your weak areas and focus on them, there by strengthening your preparation for the CIPS Whole Life Asset Management (L4M7) Exam.

CIPS L4M7 certification exam is intended for individuals who are involved in managing assets, such as buildings, infrastructure, equipment, and other types of assets. It is also suitable for professionals who work in procurement, supply chain management, and related fields. L4M7 Exam covers a wide range of topics related to asset management, including asset planning, acquisition, operation, maintenance, and disposal.

>> Exam L4M7 Sample <<

Pass L4M7 Exam with Efficient Exam L4M7 Sample by Dumps4PDF

Dumps4PDF wants to win the trust of CIPS L4M7 exam candidates at any cost. To achieve this objective Dumps4PDF is offering some top features with L4M7 exam practice questions. These prominent features hold high demand and are specifically designed for quick and complete L4M7 Exam Questions preparation.

CIPS Whole Life Asset Management Sample Questions (Q41-Q46):

NEW QUESTION # 41
A supplier delivers large quantities of inventory to its customer's store, but only charges for the goods as and when they are used. This can be described as...?

A. Consignment stock
B. Multi-stage inventory
C. Components inventory
D. Multi-echelon stock

Answer: A

Explanation:
Consignment stock is stock legally owned by one party, but held by another, meaning that the risk and rewards regarding to the said stock remains with the first party while the second party is re-sponsible for distribution or retail operations. Ownership of consignment stock is passed only when the stock is used (issued or sold in the case of a shop). Unused stock in a warehouse may be returned to the supplier when it concerns standard manufactured products. With customer specific items, agreements concerning returning products, should be negotiated.

NEW QUESTION # 42
A manager who is concerned about the environmental impact of packaging should do which of the following?

A. Not use the packaging materials at all
B. Purchase the packaging materials in bulk
C. Adopt international environmental packaging standards
D. Try to reduce the costs of packaging

Answer: C

Explanation:
In principle, use of any materials involves an environmental cost. Some packaging materials use a lot of natural resources and energy to produce. The journey taken by packaging from raw material to manufacturing and then to the initial user also incurs a 'carbon footprint'. The weight of packag-ing contributes to the fuel usage of vehicles while the volume used can add up to additional jour-neys or the use of larger vehicles. Finally, the reuse, return, disposal or recycling will also involve additional to the environmental cost.
In this question:
- 'Purchase
the packaging materials in bulk' may incur additional fuel and carbon footprint in delivering these materials
- 'Try to reduce the costs of packaging' may prompt the organisation to use less eco-friendly and cheap materials like polystyrene chips
- 'Not use the packaging materials at all' can increase the environmental performance of packag-ing activities, but it also harms the products to be delivered and may cause other environmental problems (i.e. spillage of toxic chemicals into the environment) So the correct answer should be: 'Adopt international environmental packaging standards'. The International Standards Organisation (ISO) has published several standards regarding packaging and environment, namely ISO 18601, ISO 18602, ISO 18603, ISO 18604, ISO 18605, ISO 18606.
Reference:
LO 1, AC 1.3

NEW QUESTION # 43
Which of the following is the most suitable container of fasteners (screws, nails, nuts and bolts,...)?

A. Tote box
B. Bar rack
C. Stock cage
D. Pallet

Answer: A

Explanation:
Tote box is the reusable storage box. These can be open or have lids or flaps to close them and come in a large variety of sizes and weight loadings.

A tote is ideal for holding and hauling items such as: tools, fasteners, bark dust, dry cement, cords, wires, smaller boxes,...
Pallets are the platform structures designed to support a load and be lifted using the forks (typically seen on forklift trucks and other equipment). These are in a variety of standard sizes and can be made of many materials including plastics, resin, board or timber. Pallets are not containers, but support platforms.

Bar racks are designed to store bars and pipes

Stock cages are available in many sizes and can hold single items or groups of items

Reference:
LO 1, AC 1.1

NEW QUESTION # 44
Which costs in the following list are categorised as operation costs in the total cost of ownership model? Select TWO that apply.

A. Decommissioning costs
B. Costs of consumables
C. Costs of any person who operates the equipment
D. Delivery costs
E. Installation and configuration costs

Answer: B,C

Explanation:
Costs of operating an asset can widely vary. The following table is an example from Guide to Total Cost of Ownership, New Zealand Government:

Reference:
LO 3, AC 3.1

NEW QUESTION # 45
Which of the following is the core idea of Lean manufacturing?

A. Waste elimination
B. Improving response to erratic demand
C. New product development
D. Business Continuity Planning

Answer: A

Explanation:
The core idea of lean manufacturing is actually quite simple...relentlessly work on eliminating waste from the manufacturing process. Waste is defined as any activity that does not add value from the customer's perspective. According to research conducted by the Lean Enterprise Research Centre (LERC), fully 60% of production activities in a typical manufacturing operation are waste - they add no value at all for the customer.
On the other hand, agile manufacturing places an extremely strong focus on rapid response to the customer - turning speed and agility into a key competitive advantage.

NEW QUESTION # 46
......

We have an authoritative production team, after you purchase L4M7 study materials, our professions can consolidate important knowledge points for you, and we guarantee that your L4M7 practice quiz is tailor-made. The last but not least, we can provide you with a free trial service, so that customers can fully understand our format before purchasing our L4M7 training guide, which can be an unparalleled trial experience compared to other counterparts.

Valid L4M7 Test Prep: https://www.dumps4pdf.com/L4M7-valid-braindumps.html

P.S. Free 2025 CIPS L4M7 dumps are available on Google Drive shared by Dumps4PDF: https://drive.google.com/open?id=11KBrH0uE9bhzxWJjogKYee-3Bt7SV5DU