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CIPS Exam L4M7 Topic 2 Question 32 Discussion

Actual exam question for CIPS's L4M7 exam
Question #: 32
Topic #: 2
[All L4M7 Questions]

Which of the following are the different types of inventory that a manufacturing company usually has?

1. Work in progress

2. Economic order quantity

3. Raw materials

4. Finished goods

Show Suggested Answer Hide Answer
Suggested Answer: A, E

RFID tags are the small devices that can be embedded in labels or attached to tags which work with radio transmitters and/or receivers to identify themselves.

RFID tags can be used to do the following:

- Track individual items

- Track boxes of products, cages of products and pallets

- Track containers with multiple loads

- Locate equipment within a building

- Trigger alarms should equipment or stock be removed without authorisation.

RFID devices have a very small integrated circuit incorporating a small memory capability - many are smaller than 2mm square and 2mm thick. Despite its size, many can hold 2000 characters of data.

RFID operating rage depends on the radio frequency used, receiver capability and the environment. Some tags are only readable from under 1m, others can have a 100m range.

RFID tags and labels are very specific to the type of material and size of your assets. For example, metal will deactivate the RFID antenna and the tag will not transmit at all. Using RFID on metal requires a special type of tag with an RFID block to prevent interference with the antenna. Liquid products can also affect the reliability of the RFID signal. To use RFID tags in specific environ-ments, some technologies are needed to support them.


LO 1, AC 1.2

Contribute your Thoughts:

Sherell
5 days ago
Economic order quantity is not a type of inventory, it's a method for determining the optimal order quantity. The correct answer is A.
upvoted 0 times
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Justine
10 days ago
Work in progress, raw materials, and finished goods are the different types of inventory a manufacturing company usually has. The correct answer is A.
upvoted 0 times
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Meaghan
16 days ago
But work in progress, raw materials, and finished goods are the common types of inventory in manufacturing.
upvoted 0 times
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Catalina
19 days ago
I disagree, I believe the answer is B.
upvoted 0 times
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Meaghan
26 days ago
I think the answer is A.
upvoted 0 times
...

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