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NEW QUESTION # 19
Whether a company should implement a Lean or Agile supply chain should be considered as part of which organisational document?
Answer: D
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 # 20
Which of the following is a type of 2D barcode that can hold large amounts of data and is commonly used by airlines for boarding passes?
Answer: B
Explanation:
Comprehensive and Detailed Explanation From Exact Extract:
PDF417is a 2D stacked barcode capable of storing large data sets, widely used inaviation (boarding passes) and logistics labels.
(Reference: CIPS L5M10 Study Guide, Barcode types and uses, p. 75)
NEW QUESTION # 21
In storing which of the following inventory types are you most likely to see aFIFO (First In, First Out) system? Select TWO.
Answer: A,B
Explanation:
Comprehensive and Detailed Explanation From Exact Extract:
FIFO ensures older stock is issued first, preventing spoilage or expiry. It's essential forperishable goods (food) andtime-sensitive stock(cosmetics). For durable goods, FIFO is less critical.
(Reference:CIPS L5M10 Study Guide, Inventory management methods and systems, p. 13)
NEW QUESTION # 22
Invoice accuracy would affect which element of a company's balance sheet?
Answer: C
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 # 23
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
Answer: A,C,D
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 # 24
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