CIPS Defining Business Need (L4M2) Practice Test 2025 - Free CIPS Exam Practice Questions and Study Guide

Question: 1 / 400

What does the WLC Simulation support model help identify?

The total support cost incurred

The variable with the biggest impact on the result

The WLC (Weighted Least Cost) Simulation support model is specifically designed to analyze and identify which variables have the most significant impact on outcomes within a given process or system. By focusing on the relationships between different variables and their resulting effects, this model enables organizations to pinpoint the specific factors that drive performance or costs. Recognizing the variable with the largest impact allows decision-makers to prioritize their resources and attention effectively, optimizing processes where it matters most.

In contrast, while understanding total support costs, maintenance regimes, or broader organizational performance are important aspects of business analysis, the WLC Simulation is particularly centered on analyzing variable influence and impact, thereby enhancing strategic decision-making through targeted insights.

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The best maintenance regime for inventory

The overall performance of an organization

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