L5M10 Test Prep Training Materials & L5M10 Guide Torrent - VCEEngine
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CIPS L5M10 Exam Syllabus Topics:
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CIPS Logistics Management Sample Questions (Q77-Q82):
NEW QUESTION # 77
Invoice accuracy would affect which element of a company's balance sheet?
- A. Receivables
- B. Property, plant and equipment
- C. Current liabilities
- D. Inventory
Answer: A
Explanation:
Comprehensive and Detailed Explanation From Exact Extract:
Receivables (debtors)represent money owed from customers. Incorrect invoicing affects these values and distorts reported working capital.
(Reference: CIPS L5M10 Study Guide, Financial impact of logistics, p. 67)
NEW QUESTION # 78
Whether a company should implement a Lean or Agile supply chain should be considered as part of which organisational document?
- A. Strategic plan
- B. Tactical plan
- C. Logistic plan
- D. Operational plan
Answer: A
Explanation:
Comprehensive and Detailed Explanation From Exact Extract:
ChoosingLean vs. Agileis a long-term, structural design decision and is addressed instrategic planning.
Tactical and operational plans translate strategy into mid- and short-term actions. (CIPS L5M10 Study Guide, p. 100)
NEW QUESTION # 79
Customer service levels can be measured using Service Level Agreements (SLAs). Which of the following are "hard" measures typically found in an SLA? Select THREE
- A. Stock availability
- B. On-time delivery
- C. Level of customer satisfaction
- D. First-time fix rate
- E. Seriousness of complaints
Answer: A,B,D
Explanation:
Comprehensive and Detailed Explanation From Exact Extract:
"Hard" measures are objective, quantifiable performance indicators-typical logistics/service measures include stock availability, first-time fix rate, and on-time delivery. Measures such as complaint seriousness and perceived satisfaction are "soft" (more subjective) but still useful. (Reference: CIPS L5M10 Study Guide, SLAs-hard vs soft measures, p. 60)
NEW QUESTION # 80
A Master Production Schedule (MPS) will create a production plan for an item over a period. Which sources will the MPS take information from? Select THREE
- A. Forecast demand
- B. Company balance sheet
- C. Price of the materials
- D. Firm customer orders
- E. Current stock levels
Answer: A,D,E
Explanation:
Comprehensive and Detailed Explanation From Exact Extract:
TheMPSis driven byforecast demand,firm customer orders, andcurrent inventory/availabilityto decide what, how much, and whento make. Financial statements and prices are not direct inputs to the MPS. (CIPS L5M10 Study Guide, p. 180)
NEW QUESTION # 81
Which of the following areadvantages of using an ERP systemover an MRP system? Select TWO.
- A. Cheaper to implement
- B. Centralised databases
- C. System is multi-lingual
- D. No inputs are required
Answer: B,C
Explanation:
Comprehensive and Detailed Explanation From Exact Extract:
ERP extends the MRP concept across the whole enterprise. It centralises data (reducing duplication and error) and supports multiple languages and currencies for global operations. It is, however, more complex and costly to implement than MRP.
(Reference: CIPS L5M10 Study Guide, ERP evolution from MRP, pp. 175-176)
NEW QUESTION # 82
......
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