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Last Update Dec 25, 2024
Total Questions : 255 With Comprehensive Analysis

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Total Questions : 255

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Whole Life Asset Management

Last Update Dec 25, 2024
Total Questions : 255 With Comprehensive Analysis

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Whole Life Asset Management Questions and Answers

Questions 1

The size of order that minimises the total cost of acquiring and holding stock is known as...

Options:

A.

Order quantity

B.

Economic Order Quantity

C.

The correct quantity

D.

Average stock

Questions 2

Which of the following factors should be considered when decommissioning and disposing of a machine at the end of its useful life? SelectTWOthat apply.

Options:

A.

The relevant country's legislation concerning the disposal of equipment

B.

The environmental impact that incorrect disposal may have

C.

Whether the organisation will make a profit from the disposal of the machine

D.

Whether the finances will be in position to replace the machine with another

E.

The effect that the disposal will have on the organisation's competitors

Questions 3

Bulk loose coal that requires massive handling system should be stored in which area?

Options:

A.

Chill hub

B.

Stockyard

C.

Heating warehouse

D.

Store

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