Question 1

Determining the optimal replacement time for spares (spare parts) with an unacceptable interval, needs to account for:

Options :

A : The depreciated value of the equipment.

B : The value of money changing over time.

C : The interest charges for capital expenditures.

D : The cost of borrowing versus interest lost on operating funds.

Answer: B

Question 2

Which list of elements below are the most important to be evaluated and coordinated during the planning phase of a major shutdown of your operating area (i.e. annual turnaround)?

Options :

A : Historical turnaround maintenance days, operations desired work list, prior turnaround work lists

B : Available turnaround budget, equipment condition, budgeted down-days

C :

Condition and remaining life of critical equipment, value of production throughput, labor and materials availability and cost

D : Heavy lifting equipment availability, labor cost and availability, operations requested down-days

Answer: A

Question 3

Which of the following is a directly controllable leading performance indicator?

Options :

A : Monthly production levels

B : Schedule compliance

C : Unplanned downtime

D : Plant (Facility) profitability

Answer: B

Question 4

What attribute of a Maintenance and Reliability professional is essential for future success?

Options :

A : Accept standard operating or maintenance practices

B : Attain expert knowledge of specific equipment and technology

C : Stay abreast of current and emerging technologies

D : Obtain multiple memberships in industry craft (trade) associations

Answer: C

Question 5

Which of the following best measures the effectiveness of the Maintenance and Reliability workforce?

Options :

A : The amount of backlog work

B : A set of key performance indicators

C : Trends in the Maintenance and Reliability budget

D : Man-hours of Maintenance and Reliability work performed by production

Answer: B

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