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CIPS Realistic L6M9 Latest Braindumps Files Quiz

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CIPS Supply Network Design Sample Questions (Q73-Q78):

NEW QUESTION # 73
Scenario:
Five manufacturing organisations usedifferent order prioritisation methodsandworkflow patterns. Each company follows a uniquestrategy for order processingandworkflow structure.
For eachorganisation, select thecorrect Prioritisation MethodandPattern of Workflow.

Answer:

Explanation:

Explanation:
A screenshot of a product list AI-generated content may be incorrect.

NEW QUESTION # 74
Which of the following areexamples of Linear Programming (LP) solvers? SelectALLthat apply.

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

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 # 75
Salgo Ltd is an oil refinery organisation that has been in operation for 30 years. It has made increasing profits each year, with the most recent year's takings in excess of £20m. Salgo Ltd uses an Emergent Strategy principle when it comes to resource planning. What are the characteristics of this approach?Select ALL that apply.

A. The strategy is effective at creating change
B. A new strategy is created each year to replace the old one
C. There is a lot of forward planning
D. The organisation responds to market changes
E. The strategy is based on historical patterns

Answer: D,E

Explanation:
An emergent strategy is one that has developed over time based on historical patterns of behaviour. It is not planned; it has evolved based on how things have always been done. As a result, there isn't forward planning, and it is not an effective way of creating change. Instead, the organisation must be reactive to market changes.
(See p.153)

NEW QUESTION # 76
Greg is the manager at a car wash and is trying to work out the break-even point of his business. Which of the following pieces of information will he need to consider to understand his break-even point?Select ALL that apply.

A. Number of employees
B. Number of customers
C. Fixed costs
D. Variable costs
E. Price per car wash

Answer: C,D,E

Explanation:
Greg needs to know hisfixed costs, variable costs, and price per car washto determine his break-even point.
For example, if:
* Fixed costs(rent, bills) = £100/day
* Variable cost per car wash(soap, sponges) = £5
* Price per car wash= £10
Thebreak-even pointis when revenue = costs, which means washing20 cars per day(£10 × 20 = £200 revenue, covering fixed and variable costs).
* Number of customers (C) is incorrect, as this iscalculated from the break-even formula, not an input.
* Number of employees (E) is incorrect, as it isnot a direct factorin the break-even calculation (only their wages as part of fixed costs).
(LO 1.3)

NEW QUESTION # 77
Rayan is the new CFO of an international banking organisation operating in London. He has been invited to a meeting of the top executives regarding corporate strategies and strategic resource planning. He believes that the organisation must be led by the strategy first, with resources then created to meet the requirement. Is this always the case?

A. Yes - resources can only be assembled once objectives have been set
B. Yes - corporate strategy dictates operational strategy and thus resource allocation
C. No - strategies can be created to fit an organisation's resource capabilities
D. No - corporate strategies will not assist in resource planning

Answer: C

Explanation:
The question asks if strategy mustalwayscome first. The correct answer isnobecause strategies can also be developed based on available resources. Corporate strategy often influences resource planning, but sometimes an organisation will assess its resources and build a strategy accordingly. (See p. 150)

NEW QUESTION # 78
......

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