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| Section | Objectives |
|---|---|
| Topic 1: Understand the role of technology in asset management | - Data management and analytics - Asset tracking and monitoring systems - Emerging technologies in asset management |
| Topic 2: Understand the financial aspects of whole-life asset management | - Budgeting and forecasting for assets - Financial justification and business case development - Total cost of ownership calculations |
| Topic 3: Understand the legal and regulatory requirements | - Health and safety regulations - Contractual and warranty obligations - Environmental and sustainability considerations |
| Topic 4: Understand the concept of whole-life asset management | - Identify key stakeholders in asset management - Explain the whole-life cost approach - Define asset management and its role in procurement |
| Topic 5: Understand inventory control and management | - Storage and warehousing principles - Inventory classification and control methods - Demand forecasting and planning |
| Topic 6: Understand the key elements of whole-life asset management | - Disposal and end-of-life considerations - Acquisition and procurement strategies - Operation and maintenance planning |
CIPSのL4M7準備トレントを学習する過程でJpexam、プロセス全体を通してお客様にサービスを提供し、バックオフィススタッフが24時間無料のオンラインコンサルティングを提供します。 L4M7学習準備を購入した後、インストールと使用に問題がある場合は、リモートのオンラインガイダンスを提供する専任スタッフがいます。 また、CIPS Whole Life Asset Management質問の内容についてご質問がある場合は、お気軽にメールでお問い合わせください。CIPS Whole Life Asset Management最初にお答えできるように最善を尽くします。 すべての声について、スタッフは忍耐強く耳を傾けます。 使用中に、L4M7テスト資料に提案を提案することもできます。フィードバックに最も注意を払います。
質問 # 165
Multiple approval levels for a small purchase request is an example of which type of waste?
正解：B
解説：
Lean thinking aims to remove wastes from work processes. Before diving into the 8 wastes, it is important to understand what waste is. Waste is any action or step in a process that does not add value to the customer. In other words, waste is any process that the customer does not want to pay for.
The original seven wastes (Muda) was developed by Taiichi Ohno, the Chief Engineer at Toyota, as part of the Toyota Production System (TPS). The seven wastes are Transportation, Inventory, Motion, Waiting, Overproduction, Overprocessing and Defects. They are often referred to by the acronym 'TIMWOOD'. The
8th waste of non-utilized talent or 'Skills' of workers was later introduced in the 1990s when the Toyota Production System was adopted in the Western world. As a result, the 8 wastes are commonly referred to as
'TIMWOODS'.
Source: The lean way
Multiple approval levels for a small purchase request is an example of over-processing since this adds more unnecessary work to users and procurement professionals.
Reference: CIPS study guide page 127-129
LO 2, AC 2.3
質問 # 166
A manufacturer aims at increasing the service levels to 99% from 97% through expanding the safety stock.
Safety stock can be used to accommodate which of the following?
1. Variability of stock turn
2. Variability of holding costs
3. Variability of demand
4. Variability of lead time
正解：A
解説：
Safety stock is also known as buffer stock. As this name suggests, this type of stock provides some kind of
'buffer', which means safety stock will help the business to reduce the shocks induced by volatile demand or disruption on the supply chain. In other words, safety stock will reduces the probability of stockouts. The following graph would explain the reason why an organisation should have safety stock:
Chart, histogram Description automatically generated
Figure 1: Safety stock graph
As it is only the buffer against uncertainty, safety stock level should be equal to the deviation of demand or replenishment time. Safety stock should be able to accommodate variance of demand and variance of lead time.
Reference:
- Safety stock explained
- CIPS study guide page 84-86
LO 2, AC 2.1
質問 # 167
Extra units that are held in inventory to reduce the risks of stock-out are called...?
正解：A
解説：
The safety stock (or buffer stock) is the stock level that limits stock shortages due to unforeseen events (forecasts not in line with demand, longer than expected supply time, etc...) Demand variance is the degree to which the demand in a fixed period deviates from the average demand of the same period.
A reorder point is the unit quantity on hand that triggers the purchase of a predetermined amount of replenishment inventory.
The just-in-time (JIT) inventory system is a management strategy that aligns raw-material orders from suppliers directly with production schedules.
Reference:
LO 2, AC 2.1
質問 # 168
The inventory manager has adopted significant coding of the stock owing to its many benefits, including standardisation and variety reduction. Is this the right approach to adapt?
正解：D
質問 # 169
In just in time production system, when is an upstream production triggered?
正解：A
解説：
Along with Jidoka, Just-in-time (JIT) production is one of the pillars of the two Toyota Production System. It is a production method that fundamentally changed the way large-scale production oc-curred in the 20th century, and is the basis for Lean Manufacturing (Lean for short), which is the school of thought many modern companies have modeled themselves after.
JIT production is often called a pull system because instead of using traditional push production where scheduling is done based on historical data and demand forecasting, production is scheduled based on actual customer orders. Rather than predicting demands from customers, the JIT method requires that actual customer demand exists. Production doesn't begin before an order triggers it. This system not only reduces the amount of extra inventory, but also reduces the amount of work in progress at one time.
Reference:
- Just-in-Time Production
- CIPS study guide page 122-127
LO 2, AC 2.3
質問 # 170
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