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1. Which of the following is an example of intangible assets?
Response:
A) Patents and trademarks
B) Vehicles and vehicles
C) Buildings and land
D) Machinery and equipment
2. How does the Material Availability Workbench for Maintenance assist in cost control?
Response:
A) It enables better negotiation with suppliers based on demand forecasts
B) It reduces the need for emergency material purchases
C) All of the above
D) It helps prevent overstocking or understocking of materials
3. Which of the following strategies is commonly used in a Project Driven Supply Chain to manage demand fluctuations?
Response:
A) Vendor Managed Inventory (VMI)
B) Capacity planning
C) Just-in-Time (JIT) manufacturing
D) Cross-docking
4. Which performance metric is commonly used to evaluate the effectiveness of a Project Driven Supply Chain?
Response:
A) Inventory turnover rate
B) Customer satisfaction index
C) On-time delivery performance
D) Return on investment (ROI)
5. What is the purpose of a work order closure process?
Response:
A) To update the maintenance database or system
B) To calculate the actual cost of the work order
C) To verify that the task has been completed successfully
D) All of the above
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: C | Question # 3 Answer: B | Question # 4 Answer: D | Question # 5 Answer: B |
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