CIPS L4M7 Whole Life Asset Management Exam Questions and Answers 100% Pass

CIPS L4M7 Whole Life Asset Management Exam Questions and Answers 100% Pass Causes of Obsolescence - Correct Answer ️️ -Technical Change Cultural Change Legislation 2D Barcode - Correct Answer ️️ - Types of Stock - Correct Answer ️️ -Opening Stock Raw Materials Secondary Components Work in Progress Finished Goods Safety/Buffer Stock Stockout Causes of Obselence - Correct Answer ️️ -Technical Change Cultural Change Legislation Causes of Redundancy - Correct Answer ️️ -Poor Forecasting if Demand Cancelled Orders due to Poor Relationship Overstocking/Poor Stock Control Change to Internal Policy Triple Bottom Line - Correct Answer ️️ -People Profit Planet Inventory Code Types - Correct Answer ️️ -Numerical Alphabetical Alpha-Numeric Random Generated/Created Sequential Structured Factors Influencing Storage Location - Correct Answer ️️ -Cost Availability Suitability Nature of Items to be Stored Access to Transport Infrastructure Considerations when Designing a Warehouse - Correct Answer ️️ -Flow Types of Inventory - Correct Answer ️️ -Raw Materials Components Work in Progress Finished Goods Purpose of Stores/Warehouses - Correct Answer ️️ -Make stock available to customers