L6M9 LATEST TEST EXPERIENCE, L6M9 EXAM CONSULTANT

L6M9 Latest Test Experience, L6M9 Exam Consultant

L6M9 Latest Test Experience, L6M9 Exam Consultant

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Tags: L6M9 Latest Test Experience, L6M9 Exam Consultant, Exam L6M9 Consultant, L6M9 New Study Guide, Latest L6M9 Exam Discount

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CIPS Supply Network Design Sample Questions (Q66-Q71):

NEW QUESTION # 66
Which of the following areexamples of Linear Programming (LP) solvers? SelectALLthat apply.

  • A. Excel
  • B. Lindo
  • C. CPLEX
  • D. LPX
  • E. MATLAB

Answer: A,B,C,E

Explanation:
Excel, Lindo, MATLAB, and CPLEXare all realLinear Programming (LP) solversused foroptimization problems.
#LPX is made up-it does not exist. (See LO 1.3, p.47)


NEW QUESTION # 67
Which of the following are examples of investment appraisal techniques? Select ALL that apply.

  • A. Return on investment
  • B. Payback period
  • C. Liquidity
  • D. Gearing
  • E. Cash flow impact

Answer: A,B,E

Explanation:
Investment appraisal techniques help assess whether an investment, such as purchasing new machinery, is financially viable.Return on investment, cash flow impact, and payback periodare all investment appraisal methods.Liquidity and gearingassess financial health but do not determine whether to make an investment.
(See p.160)


NEW QUESTION # 68
Company A manufactures wheels for Company B, which manufactures cars. Traditionally, Company A would complete the wheels and conduct quality assessments before sending them to Company B, which would then begin assembling cars. However, a new CEO at Company B has introduced atechnology system that enablessimultaneous production, meaning Company B starts manufacturing cars at the same time Company A begins producing wheels.
What is this new system known as?

  • A. Finish to start
  • B. Start to finish
  • C. Finish to finish
  • D. Start to start

Answer: D

Explanation:
Start to startmeans two different organisations at different levels of the supply chainbegin their work simultaneouslyrather than sequentially. This is the opposite of astart to finishsystem, where the next process starts only when the previous one is completed. (See LO 1.2, p.19)


NEW QUESTION # 69
What does a forcefield diagram show?

  • A. The potential causes of an issue that has occurred
  • B. The flow of information through a supply network
  • C. The sequencing of events within an operational strategy
  • D. People in favour of change and against it

Answer: D

Explanation:
Aforcefield diagramidentifies forces (e.g., people or factors) that support or oppose change. This model, developed byKurt Lewin, helps organisations assess and manage resistance to change. (See p.196)


NEW QUESTION # 70
Ping Lin Ltd is a toy manufacturer based in China. The company has acomplex supply chaininvolving raw material suppliers, retailers, international distributors, and logistics firms. Zeng, a Logistics Coordinator, has noticedirregularities in the ordering of materials in the lower part of the supply chain. Combined with irregular consumer buying patterns, this poses a risk to the organisation.
What is this phenomenon known as?

  • A. The Hierarchy Effect
  • B. The Forrest Effect
  • C. The Bullwhip Effect
  • D. The Butter Effect

Answer: C

Explanation:
TheBullwhip Effectdescribes howsmall changesin demand at the consumer level createlarger variancesin supply chain orders upstream. It leads to inefficiencies, overstocking, or shortages.
#Note:This is also known as theForrester Effect(not "Forrest Effect"-that was a trick!). A famous real- world example occurred duringCOVID-19, when panic-buying causedtoilet paper shortages.
For more insights, read:#The Bullwhip Effect & Toilet Paper Shortages(See LO 1.1, p.12)


NEW QUESTION # 71
......

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