Question 1

When deciding if you should keep a part in stock, which of the following should be yourprimaryconcern?

Options :

A : Is the equipment it fits on the critical equipment list?

B : Does the manufacturer suggest stocking it?

C : Would plant (facility) output be affected?

D : Is the store-s inventory too high?

Answer: C

Question 2

When developing and presenting a new strategic plan to stakeholders, which of the following is the most important?

Options :

A : Implementation timetable

B : Gaining the trust of stakeholders

C : Craft (trade) flexibility

D : Establishment of a common goal

Answer: B

Question 3

Examples of workplace ethics issues include everything except:

Options :

A : whistle-blowing.

B : pay raises.

C : conflicts of interest.

D : workplace privacy.

Answer: B

Question 4

When forming teams to address reliability issues, four stages of team development should be recognized and managed by the reliability professional In the Performing stage, team members should not:

Options :

A :

When forming teams to address reliability issues, four stages of team development should be recognized and managed by the reliability professional In the Performing stage, team members should not:

B : Begin to improve and control

C : Make changes to the process.

D : Swing from optimism to uncertainty.

Answer: D

Question 5

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