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Free CIPS L4M7 Exam Dumps
Here you can find all the free questions related with CIPS Whole Life Asset Management (L4M7) exam. You can also find on this page links to recently updated premium files with which you can practice for actual CIPS Whole Life Asset Management Exam. These premium versions are provided as L4M7 exam practice tests, both as desktop software and browser based application, you can use whatever suits your style. Feel free to try the Whole Life Asset Management Exam premium files for free, Good luck with your CIPS Whole Life Asset Management Exam.MultipleChoice
A construction organization requires specialist equipment for digging deep foundations. Which of the following circumstances would result in the hire of equipment rather than leasing it?
A. The finance available and the potential profits available on the eventual sale of the leased equipment compared to hire costs B. The expected frequency of use, the storage available, and the lease cost of the equipment compared to hiring it C. The subjective assessment of multiple factors for both hire and lease by the directors D. The results of a discounted cost analysis using comparative weekly payments for both hire and lease options
OptionsMultipleChoice
Which of the following are objectives of Just-in-Time (JIT) in the control of inventory? Select TWO that apply.
To reduce the possible effect of stockout situations by increasing the level of buffer stocks
To have sufficient safety stock to cover shortages due to the extension of lead time
To ensure that products are free from defects and meet the quality expectations of the customer
To reduce work-in-progress, finished goods, and sub-assembly inventories to zero
To ensure that the cost of holding inventory is directly proportional to the value of the inventory
A. 1 and 2 only B. 2 and 3 only C. 3 and 4 only D. 4 and 5 only
Options
