Free CIPS L4M7 Exam Questions

Become CIPS Certified with updated L4M7 exam questions and correct answers

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Total 343 Questions | Updated On: Jan 05, 2026
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Question 1

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


Answer: A
Question 2

What advantage can the use of ABC classification of stock provide in warehouse design? 


Answer: C
Question 3

Why do you need a life cycle asset management plan? 


Answer: D
Question 4

Warehouse automation involves the use of technology to perform as many warehousing tasks as possible. There are several benefits that can be gained by using automation in a warehouse. They are...


Answer: D
Question 5

Amanda is the purchasing manager for AB Construction based in France. She is considering purchasing an asset from overseas but knows she must account for fluctuations in exchange rates in the contract. Is Amanda correct?


Answer: B
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Total 343 Questions | Updated On: Jan 05, 2026
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