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CIPS Whole Life Asset Management Sample Questions (Q232-Q237):

NEW QUESTION # 232
Which of the following would be considered independent demand items of stock for a supplier that is manufacturing laboratory imaging equipment? SelectTWOthat apply.

A. Energy consumption for the organisation
B. Raw materials required for production
C. Machinery spares for the production lines
D. Completed finished goods
E. Office consumables for the organisation

Answer: D,E

NEW QUESTION # 233
'The main consideration in designing the layout of a warehouse is the size of the storage space utilized.' Is this statement TRUE?

A. Yes, because suppliers need to be assured that the orders they receive will have storage when delivered
B. No, because the most important consideration in stores design is the location of the main exit
C. No, because other considerations such as the traffic flow within the store are important
D. Yes, because large space provides assurance that stocks will not run out

Answer: C

Explanation:
While storage space is important, traffic flow and accessibility are crucial for efficient warehouse design.
Proper layout ensures safe, quick movement of goods and minimizes bottlenecks, reducing operational costs and enhancing efficiency. In whole-life asset management, effective space utilization and efficient layout planning are key for long-term warehouse performance.

NEW QUESTION # 234
Which of the following statements about radio frequency identification (RFID) is NOT true?

A. RFID systems can be complied with GS1 standards
B. RFID is a powerful technology for tracking the movement of goods throughout the supply chain
C. RFID tags contain a microchip in which data of an item are saved
D. RFID systems transmit radio signals over extreme long distances.

Answer: D

Explanation:
RFID tags have very limited range. The following table was extracted from Wikipedia:

RFID tags can be used to do the following:
- Track individual items
- Track boxes of products, cages of products and pallet
- Track containers with multiple loads
- Locate equipment within a building
- Trigger alarms should equipment or stock be removed without authorisation.
RFID tags are made of three different components: an RFID chip, which is an integrated circuit (IC), an antenna, and a substrate. RFID chips are very small integrated circuit incorporating a small memory capability - many are smaller than 2mm square and 2mm thick. Despite its size, many can hold 2000 characters of data. Many retailers simply use the tag as a thick label and print both sides with product information and perhaps a barcode.
It is important to note that there are multiple standards in use for RFID - some of these are standardised for industries but there are also national standards in operations. These standards need to be investigated before investment as not all readers work with all cards. GS1 is a non-for-profit organisation which make the standards for barcodes and RFID.
Reference:
LO 1, AC 1.2

NEW QUESTION # 235
With D is the annual demand (units), S is cost per order, H is annual carrying cost per unit; the formula for Economic Order Quantity is....?

A. #(D*S*H)
B. #(D*S/2H)
C. #(D*S/3H)
D. #(2D*S/H)

Answer: D

Explanation:

LO 2, AC 2.3

NEW QUESTION # 236
To make loading/unloading more effective and efficient, which feature should be included in vehi-cle dock design?

A. 'Dual-use' docks are always the most efficient
B. Steeper slope will reduce the chance of errors and accidents
C. Vehicle docks only require a small area to ensure faster goods flow
D. The dock platform is almost at the same level as the height of the trailer's rear platform

Answer: D

Explanation:
Warehouse dock is a feature of warehouse design - used for unloading and loading vehicles. It is crucial to carefully design where they are externally located in a facility and choose the best type of dock depending on the available space.
In many cases efficient and effective loading and unloading is achieved by a dock design that places the loading and unloading vehicle' rear platform at the same height as the warehouse floor.
Slopes in docking areas must always be as small as possible: the gentler the slope, the less chance of errors and accidents. If a warehouse is going to be used by large volume vehicles, such as high cubes, it may be necessary to install special devices, such as hydraulically adjustable docks or ground level lift platforms.
Current trends indicate that vehicles that are longer and wider and have a greater volume will be increasingly common. Therefore, when planning the location of the docks, it would be useful to ensure that there is a large area for the approach, manoeuvring and build-up of large vehicles.
One option to increase the efficiency of the docks is to combine reception and dispatch into a single area (dual use). This solution drastically reduces costs and, above all, increases the use of handling equipment and personnel. However, if this is justified by the volume of material flows, there can also be separate access points for each function (some for reception and others for dispatch - 'sole use').

NEW QUESTION # 237
......

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Free PDF Quiz Trustable L4M7 - CIPS Whole Life Asset Management Exam Papers

L4M7 Exam Format & L4M7 Online Training Materials

CIPS Whole Life Asset Management Sample Questions (Q232-Q237):

100% Pass Quiz Perfect CIPS - L4M7 - CIPS Whole Life Asset Management Exam Papers

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