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

Question # 54

Can RFID tags work when they are attached to metal surfaces or embedded within metal products?

Options:

A.

Yes, some technologies allow RFID tags to work on metal or within metal products

B.

No, metal surface reflects the radio wave and thus interferes the operations of RFID tags

C.

No, RFID tags only work with plastic products

D.

Yes, all RFID tags can be used in every environmental conditions

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Question # 55

Which of the following are examples of associated costs resulting from running out of inventory? SelectTWOthat apply.

Options:

A.

The costs associated with receipting the goods

B.

The costs associated with urgent delivery of raw materials

C.

The costs associated with product deterioration

D.

The costs associated with the IT ordering platform

E.

The costs associated with production machine downtime

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Question # 56

Which of the following are most likely to be direct benefits of applying RFID technology? Select TWO that apply

Options:

A.

Multiple items tracking

B.

Being able to work in harsh conditions without any supports

C.

Identifying product defects

D.

Being able to work in 1km range or above

E.

Large information capacity

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Question # 57

Which of the following are the key elements of total productive maintenance?

1. Reactive maintenance

2. Quality maintenance

3. Deferred maintenance

4. Autonomous maintenance

Options:

A.

1 and 3 only

B.

2 and 4 only

C.

1 and 2 only

D.

2 and 3 only

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Question # 58

Which of the following is the core idea of Lean manufacturing?

Options:

A.

New product development

B.

Waste elimination

C.

Improving response to erratic demand

D.

Business Continuity Planning

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Question # 59

Which of the following best describes available inventory (also known as inventory position)?

Options:

A.

The amount of inventory on hand

B.

The amount of inventory on hand plus the amount of inventory on order

C.

The amount of inventory on order only

D.

The amount of inventory on hand in excess of expected demand

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Question # 60

Which of the following correctly describes the triple bottom line?

Options:

A.

Professional, Planet, Profit

B.

People, Planet, Project

C.

People, Product, Profit

D.

People, Planet, Profit

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Question # 61

Which of the following lists all components, ingredients, and materials required to produce the final product?

Options:

A.

Master schedule

B.

Engineering change notice

C.

Purchase order

D.

Bill of materials

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Exam Code: L4M7
Exam Name: Whole Life Asset Management
Last Update: Feb 23, 2025
Questions: 255
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