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L4M7 Exam Dumps : Whole Life Asset Management

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Whole Life Asset Management Questions and Answers

Question 1

Which of the following are recognised hidden costs associated with global sourcing?

    Quality control and nonconformance costs

    Increased lead times and inventory carrying costs

    Lower labour and wage costs

    Cost of tariffs and duties in supply chains

Options:

A.

1 and 2

B.

2 and 3

C.

3 and 4

D.

1 and 4

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Question 2

What are the contents of master production schedule in MRP system?

Options:

A.

The investment required for production

B.

How many final products will be made and when to make them

C.

The total number of labour required to produce the final product

D.

What components and materials are and when to purchase them

Question 3

Radio Frequency Identification (RFID) is an electronic technology that transmits data from tagged items. What are the advantages of RFID technology? SelectTWOthat apply.

Options:

A.

RFID technology uses barcodes but is not limited by distance from the item location

B.

RFID technology can be detected by both portable and fixed readers

C.

RFID technology can operate in a harsh physical environment

D.

RFID technology can cause a tag collision when numerous tags in the same area respond simultaneously

E.

RFID technology is very small and holds limited information