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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

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

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Question 2

Which is the best definition of reorder point?

Options:

A.

The point at which stock will fall to zero minus lead-time

B.

The point when one unit of stock remains in stock

C.

The point when stock reaches zero

D.

The level inventory at which an order must be made

Question 3

Which of the following is the correct statement about total ordering cost?

Options:

A.

Rise as the average stock level rises

B.

Equal the number of orders placed times the cost of placing an order

C.

Rise as the order quantity rises

D.

Fall with the per period usage rate

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