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L4M7 Exam Dumps - CIPS Level 4 Diploma in Procurement and Supply Questions and Answers

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Questions 4

ANTA Logistics is looking for a place to build a new, integrated cold chain facility, “Chill Hub”, to its customers. Which of the following need to be considered when selecting the location of the new facility? Select TWO that apply.

Options:

A.

Availability of the building

B.

Ease of objective forecasting on inventory level

C.

Volume of obsolescent stock

D.

Accessibility to roads and highways

E.

Availability of product coding system

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Questions 5

A logistics company has a 2-story warehouse in the suburban area. The goods receiving area and dispatch area are located on the ground floor only. There is a lift connecting the two floors. The daily operations of the warehouse are quite busy. Which of the following would the best arrangement for this warehouse?

Options:

A.

Small items in tote boxes will be stored on the ground floor with forklifts and other equipment, high-usage palletised items will be stored on the first floor

B.

Medium- to low-usage palletised items will be stored on the ground floor, high-usage items will be stored on the first floor where the building administrative office is located

C.

Forklifts and other warehouse equipment will park on the ground floor, all inventories will be stored on the first floor

D.

Pallets, roller cages and other bulky items will be stored on the ground floor, smaller items in plastic tote boxes will be stored on the first floor

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Questions 6

For which of the following is the ‘delphi method’ used?

Options:

A.

Controlling products

B.

Valuing stock

C.

Classifying products

D.

Forecasting demand

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Questions 7

Which of the following is the cylindrical container that is suitable for liquids or loose material

Options:

A.

Tote box

B.

Drum

C.

Industrial container

D.

Storage bag

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Exam Code: L4M7
Exam Name: Whole Life Asset Management
Last Update: Apr 18, 2024
Questions: 135
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