Get to Know the Real Exam with PassCollection CIPS L6M9 Practice Test

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CIPS L6M9 Exam Syllabus Topics:

Topic	Details
Topic 1	Understand operations strategy and its contribution to overall business success: Targeting Operations Directors, this section evaluates understanding of operations strategy's impact on organizations, including aligning with business goals, market requirements, and resource management.
Topic 2	Assess the strategic value of resource planning and control: This part targets Resource Planners, focusing on evaluating strategic resource planning concepts such as forecasting, scheduling, monitoring, and controlling resources effectively within the operational framework.
Topic 3	Understand and apply leadership skills and behaviors appropriate for strategically improving the procurement and supply chain function: This section of the exam measures the skills of Supply Chain Managers and covers understanding leadership behaviors that enhance procurement processes. It assesses how to strategically improve supply chain functions, focusing on a key skill like "Strategic Decision Making".

CIPS Supply Network Design Sample Questions (Q17-Q22):

NEW QUESTION # 17
Which of the following are examples of investment appraisal techniques? Select ALL that apply.

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

Answer: B,C,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 # 18
For which activity would a Gantt chart be used?

A. Customer expectation management
B. Resource loading
C. Scheduling
D. Capacity planning

Answer: C

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 # 19
What would the Boston Consulting Group Matrix help an organisation decide?

A. Which product mix should be invested in
B. The desirable size of the supply network
C. The optimum number of suppliers
D. The break-even point

Answer: A

Explanation:
TheBoston Consulting Group (BCG) Matrixidentifies four categories of products based on market size and growth rate. It is a useful tool for evaluating whether a product is performing well and whether it's worth investing in. Organisations use this matrix to determine which products to invest in and which ones to discontinue. (See p.130)

NEW QUESTION # 20
Jed is theOperations Managerat acake manufacturerand is trying to determine theoptimumcapacityof the factory.
Which of the following would be true if the factoryachieves optimum capacity? SelectALLthat apply.

A. The factory fulfills customer demand for items
B. The highest cost per item is achieved
C. The factory physically cannot produce more items
D. The lowest total cost for production is achieved
E. Inventory levels are maximized
F. The factory breaks even

Answer: A,D

Explanation:
Optimum capacityis achieved when:
* Customer demand is met (B)
* Production costs are minimized (C)
#Incorrect options:
* (A)is false because optimum capacityisn't necessarily the physical limit
* (D)is false because the factory should beoperating at a profit, not breakeven
* (E)is false because the lowest cost per unit is achieved, not the highest
* (F)is false becauseinventory levels should be minimized, not maximized (to reduce storage costs) (See LO 1.3, p.46)

NEW QUESTION # 21
Which of the following arecontract pricing arrangementsused to control costs?Select ALL that apply.

A. Use of price index
B. Variable price
C. Gain-share agreement
D. Fixed price
E. Open book

Answer: A,C,D,E

Explanation:
* Fixed price: The supplier cannot change the price, ensuring cost control.
* Use of price index: Prices can only change based on an agreed index, preventing arbitrary cost increases.
* Gain-share agreement: The supplier is incentivized to save costs as they share in the profits, reducing the likelihood of overcharging.
* Open book: The buyer has full visibility of the supplier's pricing, preventing overcharging.
Variable price (D) is incorrectbecause it allows the supplier to change prices freely, making cost control difficult. (See p.199)

NEW QUESTION # 22
......

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GET TO KNOW THE REAL EXAM WITH PASSCOLLECTION CIPS L6M9 PRACTICE TEST

Get to Know the Real Exam with PassCollection CIPS L6M9 Practice Test