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L4M7 Dumps With Exact Questions and Answers

Exact2pass Provides 100% Valid Whole Life Asset Management L4M7 Exam dumps Questions and answers which can helps you to Pass Your Certification Exam in First Attempt.

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L4M7 Questions and Answers

Question # 1

Which of the following are recognised as disadvantages of ERP systems? Select TWO that apply.

A.

High initial investment

B.

Required intensive employee training

C.

Only applied to manufacturing

D.

Lower factory efficiencies

Excluded inventory records

Question # 2

Which of the following is the material handling equipment which uses the suction force to lift an item?

A.

Vacuum lifter

B.

Sack truck

C.

Dolly

D.

Pallet stacker

Question # 3

Which of the following statements is true of just-in-time (JIT) purchasing?

A.

In JIT purchasing, raw materials (or goods) are purchased so that products are delivered just as needed for production or sales

B.

Only disadvantage of JIT purchasing is the higher level carrying and inspection costs

C.

JIT purchasing is guided solely by the EOQ model because that model emphasizes the tradeoff between relevant carrying and ordering costs

D.

In JIT purchasing, the optimal safety-stock level is the quantity of safety stock that minimizes the sum of annual relevant stockout and carrying costs

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