최신 L4M7 무료덤프 - CIPS Whole Life Asset Management

문제1

In just in time production system, when is an upstream production triggered?

A. When the production workers are idle

B. When the inventory level reaches the reorder point

C. When downstream operations summon the upstream production

D. After the management team forecasts the future demands

정답: C

설명: (DumpTOP 회원만 볼 수 있음)

문제2

Which of the following are advantages for a purchasing organisation when adopting a leasing method of acquiring equipment?
* The initial purchase cost of the equipment is avoided
* The payments can be met from daily trading income
* The buyer can freely switch to newer technology whenever they wish
* The buyer is not responsible for any damage at the end of the contract

A. 2 and 4 only

B. 1 and 4 only

C. 1 and 2 only

정답: C

문제3

Under a Hire Purchase Agreement, ownership is transferred to the hirer...

A. if the items are damaged by the hirer

B. at the beginning of the contract

C. when all installments have been paid

D. when half the installments have been paid

정답: C

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문제4

Which of the following code systems is commonly used by governments as a basis for their Cus-toms tariffs and for the collection of international trade statistics?

A. Global Location Number

B. Global Trade Item Number

C. The International Mobile Equipment Identity

D. The Harmonized Commodity Description and Coding System

정답: D

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문제5

Which of the following are advantages of a multi-story warehouse compared to a single-story warehouse?
* Heavier, frequently moved items will always be stored on the upper floor of a multi-story warehouse
* Order tracking technology will be more effective and efficient in a multi-story warehouse
* There are more options for the storage of inventory by volume, weight, and frequency of movement in a multi-story warehouse
* The cost of land is likely to be less for a multi-story warehouse compared to a single-story warehouse for a similar product volume

A. 1 and 2 only

B. 3 and 4 only

C. 2 and 3 only

D. 1 and 3 only

정답: B

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문제6

RFID uses radio frequencies for the purpose of identification and tracking of assets. Which of the following are disadvantages of using RFID? Select THREE that apply.
* RFID can be too expensive for many applications compared to other tracking and identification methods
* RFID tags have a limited amount of memory and are less effective than other product tracking systems
* It is difficult for an RFID reader to read the information where tags are installed in liquid or metal products
* Interference has been observed to take place in RFID systems when devices such as hand-held, portable, two-way radios are in use
* RFID provides a much less robust type of security compared to other forms of scanning systems
* RFID is a restriction in managing the updates of stocks during the transportation of products

A. 3, 5, and 6

B. 1, 2, and 5

C. 1, 3, and 4

D. 2, 4, and 6

정답: C

설명: (DumpTOP 회원만 볼 수 있음)

문제7

'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 large space provides assurance that stocks will not run out

B. No, because the most important consideration in stores design is the location of the main exit

C. Yes, because suppliers need to be assured that the orders they receive will have storage when delivered

D. No, because other considerations such as the traffic flow within the store are important

정답: D

설명: (DumpTOP 회원만 볼 수 있음)

문제8

Which of the following statements holds true about inventory holding costs?

A. They always exceed total ordering costs

B. They decline as the cost of the inventory item rises

C. They are independent of the average stock level

D. They depend upon the opportunity cost of tying up funds and the average value of the stock holding

정답: D

설명: (DumpTOP 회원만 볼 수 있음)

문제9

Which of the following statements is true of just-in-time (JIT) purchasing?

A. In JIT purchasing, the optimal safety-stock level is the quantity of safety stock that minimizes the sum of annual relevant stockout and carrying costs

B. JIT purchasing is guided solely by the EOQ model because that model emphasizes the tradeoff between relevant carrying and ordering costs

C. Only disadvantage of JIT purchasing is the higher level carrying and inspection costs

D. In JIT purchasing, raw materials (or goods) are purchased so that products are delivered just as needed for production or sales

정답: D

설명: (DumpTOP 회원만 볼 수 있음)

문제10

The size of order that minimises the total cost of acquiring and holding stock is known as...

A. Order quantity

B. The correct quantity

C. Economic Order Quantity

D. Average stock

정답: C

문제11

Which of the following is the definition of work in progress inventory?

A. Inventory introduced into production but not completed as of the stocktake date

B. Obsolete inventory

C. Inventory that has finished the production process

D. Inventory not yet introduced into the production process

정답: A

설명: (DumpTOP 회원만 볼 수 있음)

문제12

A manufacturer aims at increasing the service levels to 99% from 97% through expanding the safety stock.
Safety stock can be used to accommodate which of the following?
1. Variability of stock turn
2. Variability of holding costs
3. Variability of demand
4. Variability of lead time

A. 2 and 4 only

B. 1 and 2 only

C. 3 and 4 only

D. 1 and 3 only

정답: C

설명: (DumpTOP 회원만 볼 수 있음)

최신 L4M7 무료덤프 - CIPS Whole Life Asset Management

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