CIPS L4M7 Whole-life Assets Management Online Training
CIPS L4M7 Online Training
The questions for L4M7 were last updated at Nov 01,2025.
- Exam Code: L4M7
- Exam Name: Whole-life Assets Management
- Certification Provider: CIPS
- Latest update: Nov 01,2025
Which of the following should be considered when an organisation plans for disposing obsolescent and redundant stock? Select TWO that apply.
- A . Financial costs
- B . Economic order quantity
- C . ABC analysis
- D . Takt time
- E . Environmental issues
Which of the following should be considered when an organisation plans for disposing obsolescent and redundant stock? Select TWO that apply.
- A . Financial costs
- B . Economic order quantity
- C . ABC analysis
- D . Takt time
- E . Environmental issues
Which of the following should be considered when an organisation plans for disposing obsolescent and redundant stock? Select TWO that apply.
- A . Financial costs
- B . Economic order quantity
- C . ABC analysis
- D . Takt time
- E . Environmental issues
Do all types of warehouses require access to daylight to reduce the cost of electricity?
- A . No, because only ventilation can help to reduce the humidity in the warehouse
- B . No, because some types of stock are sensitive to sunlight
- C . Yes, because sunlight sterilises inventories in damp conditions
- D . Yes, because organisation’s need for artificial lighting and heating will reduce
MRP software is applied to schedule which of the following?
- A . Tax accounting
- B . Production processes
- C . Human resource management
- D . Executive meetings
Which of the following is the correct statement about total ordering cost?
- A . Rise as the average stock level rises
- B . Equal the number of orders placed times the cost of placing an order
- C . Rise as the order quantity rises
- D . Fall with the per period usage rate
Which of the following is the correct statement about total ordering cost?
- A . Rise as the average stock level rises
- B . Equal the number of orders placed times the cost of placing an order
- C . Rise as the order quantity rises
- D . Fall with the per period usage rate
Which of the following is the correct statement about total ordering cost?
- A . Rise as the average stock level rises
- B . Equal the number of orders placed times the cost of placing an order
- C . Rise as the order quantity rises
- D . Fall with the per period usage rate
Which of the following is the correct statement about total ordering cost?
- A . Rise as the average stock level rises
- B . Equal the number of orders placed times the cost of placing an order
- C . Rise as the order quantity rises
- D . Fall with the per period usage rate
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