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CIPS L6M9 Exam Syllabus Topics:
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Details
Topic 1
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CIPS Supply Network Design Sample Questions (Q24-Q29):
NEW QUESTION # 24
Keisi is the new Operations Manager at Warehousing Logistics Corporation. She is reviewing several products sold by the organisation and deciding on the best warehousing options available. Keisi is looking at item 56283. This item is low cost, not sold in high volumes, but important to customers. Which of the following stocking policies should be used for this item?
Answer: C
Explanation:
The item described is a 'regular seller'-important to customers but not sold in high volumes. Keepingan average of 3 days' stockbalances demand with the effort required for stock management. "Never be out of stock" is only for high-demand, critical items, while "monthly stock review" might lead to lost sales. (See p.
158)
NEW QUESTION # 25
Liedtka (1998) describesfive attributesnecessary for aprocurement professionalto developstrategic thinking. What are these?
Answer: B,C,D,E,F
Explanation:
* Thecorrect five attributesof strategic thinking are:#Systems perspective#Intent focused#Intelligent optimism#Thinking in time#Hypothesis driven
#Option B (Risk awareness) is incorrect-it isnotone of Liedtka's five attributes.
(See LO 2.1, p.65)
NEW QUESTION # 26
Which of the followingcapacity planning strategiesis theleast conservative?
Answer: C
Explanation:
* Lead strategyis theleast conservativeas itincreases capacity before demand is proven, making it risky but proactive.
* Lag strategy (B)waits for demand toexceed capacitybefore expanding.
* Incremental strategy (C)expandsgradually over time.
* Demand smoothing (D)focuses onmanaging demand fluctuations, not increasing capacity.
(LO 1.3, See p.54-55)
NEW QUESTION # 27
According toFoster's Model of Operational Balance, how shouldbusiness strategybe developed?
Answer: A
Explanation:
Foster'sland management-based approachsuggests thatbusiness strategy should not be dictated from the top down. Instead, it should involveboth formal and informal groupsthroughout the organisation. This helps preventartificial decision-making and misalignmentbetween leaders and employees.
(LO 2.1, See p.77)
NEW QUESTION # 28
For which activity would a Gantt chart be used?
Answer: B
Explanation:
A Gantt chart is used for scheduling. It's a visual way of showing what activities are completed and when.
(See p.175)
NEW QUESTION # 29
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