L4M7 Exam Dumps : Whole Life Asset Management

The investment required for production

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

The total number of labour required to produce the final product

What components and materials are and when to purchase them

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

RFID technology can be detected by both portable and fixed readers

RFID technology can operate in a harsh physical environment

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

RFID technology is very small and holds limited information

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

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

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

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

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