CIPS L4M7 Whole-life Assets Management Online Training
CIPS L4M7 Online Training
The questions for L4M7 were last updated at Jun 19,2025.
- Exam Code: L4M7
- Exam Name: Whole-life Assets Management
- Certification Provider: CIPS
- Latest update: Jun 19,2025
Which component of an RFID device is responsible for sending and receiving radio waves?
- A . Network database
- B . Laser beam
- C . Integrated circuit
- D . Antenna
Which component of an RFID device is responsible for sending and receiving radio waves?
- A . Network database
- B . Laser beam
- C . Integrated circuit
- D . Antenna
Profit decreases
- A . 2 and 4 only
- B . 1 and 3 only
- C . 2 and 3 only
- D . 1 and 4 only
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.
- A . Extra costs for urgent transportation
- B . Cost of equipment downtime
- C . Costs for qualifying suppliers
- D . Costs of handling inventory
Costs of approving the requisition
MRP system is the most suitable IT system to manage which type of items?
- A . Dependent demand
- B . Construction projects
- C . Independent demand
- D . Fast moving components
Which of the following are recognised as disadvantages of ERP systems? Select TWO that apply.
- A . High initial investment
- B . Required intensive employee training
- C . Only applied to manufacturing
- D . Lower factory efficiencies
Excluded inventory records
Which of the following are main objectives of warehouse operations? Select TWO that apply.
- A . To ensure stock available when customers demand
- B . To create sufficient space for redundant stock
- C . To minimise stock loss and deterioration
- D . To generate check digits for a product code
- E . To maintain the highest level of buffer stock
Which of the following are main objectives of warehouse operations? Select TWO that apply.
- A . To ensure stock available when customers demand
- B . To create sufficient space for redundant stock
- C . To minimise stock loss and deterioration
- D . To generate check digits for a product code
- E . To maintain the highest level of buffer stock
Which of the following are main objectives of warehouse operations? Select TWO that apply.
- A . To ensure stock available when customers demand
- B . To create sufficient space for redundant stock
- C . To minimise stock loss and deterioration
- D . To generate check digits for a product code
- E . To maintain the highest level of buffer stock
Which of the following are main objectives of warehouse operations? Select TWO that apply.
- A . To ensure stock available when customers demand
- B . To create sufficient space for redundant stock
- C . To minimise stock loss and deterioration
- D . To generate check digits for a product code
- E . To maintain the highest level of buffer stock
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