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CIPS Whole Life Asset Management Sample Questions (Q134-Q139):

NEW QUESTION # 134
Which of the following is NOT an improvement available in ERP II in compare with ERP?

A. ERP II crosses all sectors and segments of business, including service, government and asset-based industries
B. ERP II systems are closed and silo-working
C. ERP II enables the organisation to collaborate with trading partners across the supply chain
D. ERP II offers better integration with other proprietary software

Answer: B

Explanation:
The main improvements from ERP to ERP II are the following:
- ERP II is web enabled as compared to Conventional ERP Which is not.
- ERP is restricted to provide selected exhaustive or rigorous or wide-spread coverage in its mod-ules. But as compared to ERP, ERP II provides the true and accurate blend of the macro and the micro and affords customers with curative actions/measures after identifying the slip-up/error or fault;
- ERP was embattled more headed for manufacturing or industrialization and the dilemma or difficulty is conquer in ERP II by endowing clarification for all kind of industries and sectors.
- ERP is not in the position or could not possibly integrate/incorporate diverse functions from di-verse departments/divisions but ERP II could possibly do so as well as from different industries as compared to conventional ERP.
- For WEB and WAP connectivity ERP II grip CRM and SCM Functionalities.
- ERP II be obliged the function and purpose to an external/outdoor one and smooth the progress of better networks than remaining as internal/interior application.
Reference:
- Next Generation Enterprise Resource Planning: ERP II
- CIPS study guide page 119-122
LO 2, AC 2.3

NEW QUESTION # 135
For which of the following is the 'delphi method' used?

A. Classifying products
B. Controlling products
C. Forecasting demand
D. Valuing stock

Answer: C

Explanation:
Delphi method is a structured forecasting technique using a panel of experts and a number of rounds of questioning. Responses are shared after each round and the experts encouraged to recon-sider their own responses. It is intended to achieve a consensus view.
Reference:
LO 2, AC 2.3

NEW QUESTION # 136
The width of aisles within a warehouse is determined by...?

A. The height of the building
B. The length of storage racking
C. Turning cycle of forklift and the size of pallets
D. The location of goods-in and goods-out doors

Answer: C

Explanation:
Below is a formula from Toyota you can use to make an informed decision.
1. Start with the basic right-angle stacking width
2. Add the load length
3. Add 12 inches for clearance
The basic right-angle stacking width is the smallest amount of space a forklift needs turn in order to insert its forks into a pallet. You can find basic right-angle stack measurements in the equipment manual or by contacting TMHNC if your business is located in Northern California. This measurement does not include the length of the load or room need for clearance.
Load lengths vary depending on your application, products, etc. As a starting point, a standard pallet has a 48- inch load length. Always check your forklift's data plate for the rated capacity (which is affected by attachments and other factors).
Adding 12 inches for clearance ensures you have enough room for your forklift's turn radius and helps protect against damage from operator error and/or product that may hang over the edge of the pallet.

NEW QUESTION # 137
Which of the following allow an organisation to have more flexible space for storage by leveraging the facilities of other parties? Select TWO that apply.

A. Temporary warehousing
B. Installing double-deep pallet racking
C. Eliminating dead stock or inventory
D. Adopting carousel-type storage
E. Consignment stocking

Answer: A,E

Explanation:
Temporary warehousing (or 'Very short-term warehousing') is offered in the market where organ-isation makes their requirements for space open online to offers or bids for available space. This appears to be an emerging market and service providers in the UK and USA typically quote a price per pallet per week with some also requiring a 'transaction fee' for movements of each pallet in and out.
Consignment stocking is a facility offered by a supplier to a buyer to allow a delivery of stock to the buyer with payment only after it is used or sold to a customer.
Double-deep pallet racking and carousel-style storage are two tools that leverage space within a warehouse:
Double-deep pallet rack

Carousel style storage

NEW QUESTION # 138
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. Profit margin
B. Product pricing
C. Image of the company
D. Space utilisation

Answer: D

NEW QUESTION # 139
......

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CIPS Whole Life Asset Management Sample Questions (Q134-Q139):

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