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L4M7 Exam Dumps : Whole Life Asset Management

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Whole Life Asset Management Questions and Answers

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Question 1

Which of the following represents the end-of-life cost of an asset?

Options:

A.

Payment of the suppliers' final invoice after the asset is commissioned

B.

The cost of replacing the asset if it is damaged in an accident

C.

The cost of decommissioning and scrapping the asset

D.

Disposal of waste generated from use

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Question 2

Which of the following are essential aspects that are required for the successful implementation of Just-In-Time (JIT)? SelectTWOthat apply.

Options:

A.

The purchasing of parts in bulk at lower prices covers the costs of delivery and storage required for JIT

B.

Parts must arrive where they are needed, when they are needed, and in the exact quantity needed

C.

All parts arriving must be of a quality standard which is usable and free from defects

D.

The cost of carrying increased parts inventory to meet customer demand is transferred to the customer

E.

Suppliers must hold a buffer stock of components to ensure that they are able to meet JIT demand

Question 3

Which component of an RFID device is responsible for sending and receiving radio waves?

Options:

A.

Network database

B.

Laser beam

C.

Integrated circuit

D.

Antenna

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