利用L4M7真題材料 - 不用擔心CIPS Whole Life Asset ManagementKaoGuTi 培訓資源是個很了不起的資源網站，包括了CIPS 的 L4M7 考試材料，研究材料，技術材料。認證培訓和詳細的解釋和答案。還有完善的售后服務，我們對所有購買 L4M7 題庫學習資料的客戶提供跟蹤服務，在你購買 L4M7 題庫學習資料后的半年內，享受免費升級題庫學習資料的服務。如果在這期間，CIPS L4M7 的考試知識點發生變動，我們會在第一時間更新相關題庫學習資料，并免費提供給你下載。 最新的 Level 4 Diploma in Procurement and Supply L4M7 免費考試真題 (Q59-Q64):問題 #59
XYZ Ltd is a major distributor of electrical equipment protection products in the United States. XYZ found that there was a lack of communication between the company and its key supplier, leading to the supplier trying to predict distributor needs and distributor attempting to estimate lead times. Essentially, both the supplier and the distributor have different sets of information, spending time and money trying to predict what the other will do. To deal with this problem, XYZ Ltd decides to implement new inventory management method in which the supplier manage the replenishment of items for sale.Both parties are obliged to share information on variations in demand and stock levels for goods used for or sale. Which inventory management method is XYZ Ltd implementing?
A. Economic order quantity
B. Reverse logistics
C. Vendor managed inventory
D. Floor-ready merchandise
答案：C
解題說明：
Vendor Managed Inventory (VMI) is a business model where the buyer of a product provides in-formation to a vendor of that product and the vendor takes full responsibility for maintaining an agreed inventory of the material, usually at the buyer's consumption location.
Floor-Ready Merchandise can be defined as the merchandise that is pre-tagged, pre ticketed and pre-occupied with all the necessary details and information such as marked to their specifications for style, size, type, color and price, this information is required in the retail store and is done before it reaches the retail store.
Economic order quantity (EOQ) is the ideal order quantity a company should purchase to minimize inventory costs such as holding costs, shortage costs, and order costs. This production-scheduling model was developed in 1913 by Ford W. Harris and has been refined over time. The formula assumes that demand, ordering, and holding costs all remain constant.
The full definition of reverse logistics, as according to The Council of Logistics Management, is the process of implementing, controlling, and planning the cost-effective flow of finished goods, raw materials, and in- process inventory. The flow is from the point of consumption (i.e. the customer) to the point of origin (i.e. the manufacturer), to properly dispose of these or to recapture value.
In the scenario, XYZ solves the current situation by letting the supplier to management the inventory and sharing stock level information with the supplier. Vendor managed inventory is the most suitable answer.
問題 #60
Which of the following best describes category 'A' in ABC analysis in inventory management?
A. Items that represent approximately 15% of total value
B. Items with high values
C. Items with high uncertainty
D. Items with low uncertainty
答案：B
解題說明：
ABC classifications are applied to stock and its management is based loosely on the Pareto princi-ple, better known as the 80/20 rule.
The likely outcome of analysis of inventory (value importance):
- Category A - about 20% of the stock items account for about 80% of the total inventory value. Items in category A have the highest value.
- Category B - about 30% of items account for about 15% of total inventory value
- Category C - the remaining 50% of items account for 5% of the total inventory value Reference: CIPS study guide page 91-95 LO 2, AC 2.1
問題 #61
Practice of unloading goods from inbound delivery vehicles and loading them directly onto out-bound vehicles is known as ...?
A. Automation
B. Tracing and tracking
C. Decommissioning
D. Cross-docking
答案：D
解題說明：
Cross-docking is the practice of unloading goods from inbound delivery vehicles and loading them directly onto outbound vehicles. By eliminating or minimizing warehouse storage costs, space requirements and inventory handling, cross-docking can streamline supply chains and help them move goods to market faster and more efficiently.
Cross-docking usually takes place in a dedicated docking terminal in a warehouse, where inbound goods are first received at a dock and sorted according to their final destinations. They are then moved to the other side of the dock via forklift, conveyor belt or other equipment and loaded on outbound vehicles.
Cross-docking works best with products that need to be transported quickly, such as food, that have already been sorted and labeled for customers, do not need quality inspections or have steady demand.
問題 #62
"Open stock plus purchases minus closing stock" is the formula of which of the following?
A. Revenue
B. Cost of goods sold
C. Inventory
D. Liability
答案：B
解題說明：
The amount of closing stock (properly valued) is used to arrive at the cost of goods sold in a periodic inventory system with the following calculation:
Opening stock + Purchases - Closing stock = Cost of goods sold
Reference:
- CIPS study guide page 130-131
- Closing stock definition
LO 2, AC 2.3
問題 #63
Which of the following is the character that allows the computer to verify whether a product code is entered correctly?
A. Check digit
B. Barcode
C. Radio frequency identification
D. 3-digit prefix
答案：A
解題說明：
Many codes have integrated check digits. These are additional numbers or characters added to codes that a computer uses to verify the number is valid. The intention is to reduce the likelihood of miskeying an item and hitting an alternative live item. More often, a system is devised which a computer can calculate using combination of numbers.
Barcode is a graphic symbol used to convey data. Typically the characters in a barcode symbol consist of bars
/space pattern. Barcode is the method of representing data in a visual, machine-readable form. Initially barcodes represented data by varying the width and spacing of parallel lines.
Radio-frequency identification (RFID) uses electromagnetic fields to automatically identify and track tags attached to objects.
A prefix is an affix which is placed before the stem of a word or a string. A product code may have prefix which indicates its group, country, origins, etc.