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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Business & Management | 22-28% | - Performance metrics & KPIs - Asset lifecycle economics - Risk management & compliance - Cost management & budgeting - Strategic planning & alignment |
| Topic 2: Organization & Leadership | 15-20% | - Leadership & team development - Communication & collaboration - Change management - Organizational structure & culture - Competency management & training |
| Topic 3: Equipment Reliability | 22-28% | - Preventive & predictive maintenance - Condition monitoring technologies - Failure analysis & prevention - Reliability engineering principles - Reliability-centered maintenance (RCM) |
| Topic 4: Work Management | 15-20% | - Work planning & scheduling - Contractor & vendor management - Work execution & control - Work order & asset data management - Material & resource management |
| Topic 5: Manufacturing Process Reliability | 15-20% | - Process safety & integrity - Variation reduction - Process design & capability - Process control & optimization |
1. At = R(t) + ∫ t R(t - u)m(u)du Where R(t) = Probability of operating during time (t) m(u) = The renewal density function And u = The last repair time (0 < u < t)
A) Point Availability Formula
B) Limiting Availability
C) Equipment Availability Formula
D) Best Production Rate
2. How do freight costs affect the inventory of a retailer?
A) Freight costs do not affect inventory.
B) Freight costs decrease inventory.
C) Freight costs may increase or decrease inventory.
D) Freight costs increase inventory.
3. Which one of the following is generally true?
A) Maintenance is often reduced through project designs that provide spares for all rotating equipment and heat exchangers
B) Construction contractors are usually equally skilled at performing all tasks
C) Reliability Centered Maintenance can be applied on capital projects pre-construction stage to determine the maintenance plan
D) Most mechanics can easily alternate between doing capital project work doing equipment diagnosis and repair work
4. Which inventory method requires estimated changes in price levels for particular products?
A) Conventional retail
B) Average cost retail
C) Dollar-value LIFO
D) Weighted-average cost
5. The back-office functions of an enterprise resource planning system are primarily used to communicate with:
A) Suppliers
B) Customers
C) Managers
D) Creditors
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: D | Question # 3 Answer: C | Question # 4 Answer: C | Question # 5 Answer: C |
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