L4M7 ACCURATE ANSWERS - L4M7 CERTIFICATION TEST QUESTIONS

L4M7 Accurate Answers - L4M7 Certification Test Questions

L4M7 Accurate Answers - L4M7 Certification Test Questions

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Tags: L4M7 Accurate Answers, L4M7 Certification Test Questions, L4M7 Frequent Updates, Real L4M7 Question, L4M7 Free Exam Dumps

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CIPS Whole Life Asset Management (L4M7) certification exams are a great way to analyze and evaluate the skills of a candidate effectively. Big companies are always on the lookout for capable candidates. You need to pass the CIPS Whole Life Asset Management (L4M7) certification exam to become a certified professional. This task is considerably tough for unprepared candidates however with the right L4M7 prep material there remains no chance of failure.

CIPS L4M7 Certification Exam is ideal for professionals who are seeking to enhance their career prospects in asset management. It not only validates their knowledge and skills in asset management but also demonstrates their commitment to professional development and continuous learning.

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L4M7 Certification Test Questions, L4M7 Frequent Updates

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CIPS Whole Life Asset Management Sample Questions (Q139-Q144):

NEW QUESTION # 139
Nuclear Energy Group Limited (NEG) has a number of investment options currently under appraisal. As these are all long-term investments (more than 30 years), NEG is adopting a total cost of ownership approach. It has gathered data on all associated costs over the life of the investment. Which of the following will be regarded as end-of-life costs?

  • A. Insurance costs
  • B. Decommissioning costs
  • C. Installation costs
  • D. Servicing costs

Answer: B


NEW QUESTION # 140
Extra units that are held in inventory to reduce the risks of stock-out are called...?

  • A. Just-in-time
  • B. Reorder point
  • C. Demand variance
  • D. Safety stock

Answer: D

Explanation:
The safety stock (or buffer stock) is the stock level that limits stock shortages due to unforeseen events (forecasts not in line with demand, longer than expected supply time, etc...) Demand variance is the degree to which the demand in a fixed period deviates from the average demand of the same period.
A reorder point is the unit quantity on hand that triggers the purchase of a predetermined amount of replenishment inventory.
The just-in-time (JIT) inventory system is a management strategy that aligns raw-material orders from suppliers directly with production schedules.


NEW QUESTION # 141
Which is the best definition of reorder point?

  • A. The point when one unit of stock remains in stock
  • B. The point at which stock will fall to zero minus lead-time
  • C. The point when stock reaches zero
  • D. The level inventory at which an order must be made

Answer: D

Explanation:
Reorder point is the point either in time or in a process when the next order should be placed.
Reference:
LO 2, AC 2.3


NEW QUESTION # 142
Which of the following statements represent a definition for 'obsolescence' in inventory management? Select TWOthat apply.

  • A. The previous supplier has been replaced
  • B. The forecasts for the items have exceeded demand
  • C. The previous technology has been replaced
  • D. The usage of the items has decreased
  • E. The users of the items no longer need them

Answer: C,E


NEW QUESTION # 143
Which of the following are critical factors that must be considered when evaluating warehouse or storage locations?
* The cost of the proposed location
* Who owns the storage location or warehouse
* Access to transport networks
* The number of windows in the building

  • A. 1 and 4 only
  • B. 2 and 3 only
  • C. 2 and 4 only
  • D. 1 and 3 only

Answer: D


NEW QUESTION # 144
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