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[Hardware] Free PDF 2026 CIPS L4M7–Reliable Valid Exam Questions

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【Hardware】 Free PDF 2026 CIPS L4M7–Reliable Valid Exam Questions

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CIPS L4M7 exam is suitable for professionals who are involved in the management of assets and equipment at any stage of their lifecycle - from acquisition to disposal. It covers a range of topics including asset planning and design, procurement and supply chain management, maintenance and servicing, and disposal and replacement. L4M7 exam consists of six modules, and successful completion of all modules leads to the award of the CIPS L4M7 certification.
CIPS L4M7 Exam is ideal for professionals who work in asset management, including project managers, engineers, surveyors, and facilities managers. It is also suitable for individuals who are interested in pursuing a career in asset management or who want to expand their knowledge of this field. CIPS Whole Life Asset Management certification is recognized worldwide and is highly valued by employers in various industries.
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CIPS Whole Life Asset Management Sample Questions (Q120-Q125):NEW QUESTION # 120
Which of the following best describe the function of MRP?
  • A. Planning and controlling of production and inventory
  • B. Planning and monitoring of production resources only
  • C. Planning and monitoring of inventory resources
  • D. Planning and controlling of production and finance
Answer: A
Explanation:
Material requirement planning (MRP) is a production planning and material (inventory) control system used in manufacturing. Objectives of MRP are to ensure materials are available for production while minimising inventory and to plan production and procurement activities.
MRP process is described in the graph below:
Text Description automatically generated

Reference: CIPS study guide page 116-119
LO 2, AC 2.3

NEW QUESTION # 121
Which of the following are most likely the benefits of using unit loads? Select TWO that apply.
Increase transport time of each item
  • A. Minimise space utilisation
  • B. Reduce handling cost of one unit
  • C. Unit loads must be placed on pallets
  • D. Safer handling
Answer: B,D
Explanation:
The concept of a unit load is to create a stable and secure, easy-to-move group of stock that is fast to load and unload from vehicles.
The advantages of unit load concepts are as the following:
* More items can be handled at the same time, thereby reducing the number of trips required and, potentially, reducing handling costs, loading and unloading times, and product damage.
* Enables the use of standardized material handling equipment.
Reference: CIPS study guide page 60-61
LO 1, AC 1.3

NEW QUESTION # 122
Which of the following can replace pallets as bases for unit loads but they require push pull acces-sories to retrieve or discharge unit load?
  • A. Skids
  • B. Shrink wraps
  • C. Slip sheets
  • D. Post pallets
Answer: C
Explanation:
The system of slip sheet load handling involves the use of a thin sheet of material, the slip sheet, as a base on which items are assembled as a unit load for handling, storage, and transport. The slip sheet is used in conjunction with a pallet, if desired, at certain stages in the distribution cycle. If all lift trucks in the cycle are equipped with the proper attachment, an appropriate slip sheet is the only material handling base required.
Slip sheet requires special push pull accessories and usually use thin and wide forks.
A picture containing text Description automatically generated

Skids are generally described as single-deck pallets and do not have bottom flatted layer which makes them less bulky and cheaper than conventional pallets but also less universal in their use.
A picture containing building material Description automatically generated

Shrink wrap, also referred to as shrink film or shrink wrap, is a versatile polymer material used for the packaging of finished goods. Heat is applied to the film - by either a conveyor heat tunnel or an electric or gas heat gun - which catalyzes the film to shrink tightly around the item placed within. This process results in a clear, durable barrier of protection around the product.
Post pallets have a simple metal structure with four uprights and substantial feat to take the load. These may be free standing, but many are designed for the feet to interlock with the posts of another post pallet so that the stack can be created.
Reference: CIPS study guide page 62
LO 1, AC 1.3

NEW QUESTION # 123
In a manufacturing facility, which types of inventory have the lowest value?
1. Finished goods
2. Secondary components
3. Work in progress
4. Raw materials
  • A. 1 and 2 only
  • B. 1 and 3 only
  • C. 2 and 4 only
  • D. 3 and 4 only
Answer: C
Explanation:
Raw materials are basic input materials - they are only processed limitedly or have not been pro-cessed at all.
Their values are equal to acquisition cost and are the lowest value of stock held.
Secondary components are the products that are combined with others to produce the finished goods. They are acquired in the processed state. Their value is higher than raw materials, but still at acquisition cost.
Work in progress is the stock part-way through manufacture that has not been finished. It is typically not completed yet, so it doesn't have full value. But the costs of processing already carried out makes it more valuable than materials and components.
Finished goods are completed and ready to be used or sold. Finished goods are the most expensive and need to be stored in good conditions.
Reference: CIPS study guide page 82-83
LO 2, AC 2.1

NEW QUESTION # 124
Your company has established the number of new warehouses it requires and the locations it wishes to build them. The next step is to think about the structural design and capacity. There are different factors to consider in getting these things correct. Which of the following factors can influence the design of a new warehouse facility?
  • A. Image of the company
  • B. Product pricing
  • C. Profit margin
  • D. Space utilisation
Answer: D

NEW QUESTION # 125
......
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