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L4M7 PDF + Testing Engine



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  • Exam Name: Whole Life Asset Management
  • Last Update: 29-Nov-2022
  • Questions and Answers: 135
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L4M7 Questions and Answers

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


1 and 3 only


1 and 2 only


2 and 4 only


3 and 4 only

Question # 2

Which of the following correctly describes the triple bottom line?


Professional, Planet, Profit


People, Planet, Project


People, Product, Profit


People, Planet, Profit

Question # 3

Multiple approval levels for a small purchase request is an example of which type of waste?




Not using talent





Question # 4

Can RFID tags work when they are attached to metal surfaces or embedded within metal products?


Yes, some technologies allow RFID tags to work on metal or within metal products


No, metal surface reflects the radio wave and thus interferes the operations of RFID tags


No, RFID tags only work with plastic products


Yes, all RFID tags can be used in every environmental conditions

Question # 5

Which of the following are most likely to be the purposes of packing and packaging?

1. To bring the product cost down

2. To protect the product

3. To improve the product recognition

4. To test the product durability


1 and 2 only


3 and 4 only


2 and 3 only


1 and 4 only

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