Pre-Winter Sale Limited Time 65% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: pass65

Pass the CIPS CIPS Level 4 Diploma in Procurement and Supply L4M7 Questions and answers with CertsForce

Viewing page 8 out of 9 pages
Viewing questions 71-80 out of questions
Questions # 71:

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

Options:

A.

1 and 3 only


B.

2 and 3 only


C.

2 and 4 only


D.

1 and 4 only


Expert Solution
Questions # 72:

In a fast-moving consumer goods (FMCG) organisation, a site has separate packaging areas for incoming and outgoing food. The incoming packages must be opened and unpacked before any of the food ingredients can be sorted for distribution. Production line workers run the risk of severe hand strains and knife-related injuries if the box cutting is done manually. Which of the following can eliminate any potential risk of injury to the production line workers while having

the ability to Increase the throughput?

Options:

A.

Automated packaging systems and robotics


B.

Bar coding system


C.

Radio frequency identification


D.

Warehouse management system


Expert Solution
Questions # 73:

Which of the following is an acquisition cost under the concept of the total cost of ownership?

Options:

A.

Installation and commissioning cost


B.

Consumables and energy cost


C.

Servicing and repair cost


D.

Down time and overhaul cost


Expert Solution
Questions # 74:

A company does not have enough space to hold inventory to satisfy an external foreign market. Therefore, the board of directors has decided that the company would buy stock in bulk and pay a fee for storage to a third-party warehouse provider local to the foreign market. This would allow the company to focus on other aspects of the business. The stock will be called off as and when required. Which of the following strategies is being pursued by this company?

Options:

A.

Cross-docking


B.

Insourcing


C.

Outsourcing


D.

Partnering


Expert Solution
Questions # 75:

Which of the following are benefits of enterprise resource planning (ERP)?

Select TWO that apply.

Options:

A.

All elements of the system are not immediately implemented


B.

Allows improved data-sharing and communication


C.

A reduction m process time and associated costs


D.

The high cost of installation of the system helps financial planning


E.

Lots of staff training is needed due to system complexity


Expert Solution
Questions # 76:

Which of the following factors will need to be taken in to account when deciding on the location of a warehouse?

Options:

A.

Cost of land, rent and rates


B.

Internal design and layout of the warehouse


C.

Proximity to local amenities and fast food outlets


D.

Duration of lease or freehold of the property


Expert Solution
Questions # 77:

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


Expert Solution
Questions # 78:

Which ONE of the following correctly differentiates between obsolescent and redundant stock?

Options:

A.

Obsolescent stock is in short supply; redundant stock has no current supplier with stock available


B.

Obsolescent stock is damaged goods that need returning to suppliers; redundant stock is no longer stocked by the organisation


C.

Obsolescent stock has been updated by another item but can still be used; redundant stock is no longer used by an organisation


D.

Obsolescent stock has been supplied by a failed supplier; redundant stock requires quality testing before use


Expert Solution
Questions # 79:

A procurement manager is sourcing some high-value equipment for their organisation. What are the elements comprising whole-life costing that they need to consider?

Options:

A.

Acquisition, purchase, usage, and end-of-life costs


B.

Acquisition, purchase, maintenance, and indirect costs


C.

Product pricing, contract admin, and staffing costs


D.

Purchase pricing, usage, and sales costs


Expert Solution
Questions # 80:

SpeedyCar GmbH is a vehicle manufacturer that is launching a new electric vehicle onto the market, replacing a previous diesel vehicle. There is a lot of equipment in the manufacturing site to be changed, some new machinery to replace older machinery, and some production equipment to decommission. The costs of decommissioning would include which of the following?

Options:

A.

Costs to upgrade electric vehicle charging facilities


B.

Decontamination and cleaning costs for site areas


C.

Sales and marketing costs of the new electric vehicle


D.

Engineering drawing fees for the new electric vehicle designs


Expert Solution
Viewing page 8 out of 9 pages
Viewing questions 71-80 out of questions