Higher Test Marks with Free Online L2M5 Exam Practice

Assess the CertsIQ’s updated L2M5 exam questions for free online practice of your CORE Level 2 Inventory, Logistics and Expediting test. Our L2M5 dumps questions will enhance your chances of passing the Level 2 Certificate in Procurement and Supply Operations certification exam with higher marks.

Question 1

Once the sales team enters an order, the MRP system refers to current stock levels and calculates how many of each product needs to be manufactured.

Options :

A : TRUE

B : FALSE

Answer: A

Question 2

Who devised the INCOTERMS?

Options :

A : International Chamber of Civil Engineers

B : International Chamber of Commerce

C : International Cubical of Civil Engineers

D : International Cubical of Commerce

Answer: B

Question 3

Which of the following is a definition of the economic order quantity – EOQ?

Options :

A : Formula that buyers use to calculate the most economically viable quantity in which to order additional stock

B :

Formula that buyers use to calculate the most economically viable price in which to order additional stock

C : Formula that buyers use to calculate the most economically viable place in which to order additional stock

D : Formula that buyers use to calculate the most economically viable quantity in which to order additional stock

Answer: A

Question 4

What would you typically see on a gantt chart?

Options :

A : Anniversary

B : Breakthrough

C : Landmark

D : Milestones

Answer: D

Question 5

Which of the following are Inventory control techniques that organisations can use? Select all that apply

Options :

A : JIT

B : Kanban

C : MRP

D : PIP

Answer: A,B,C