Online Questions – Valid Practice CRL Exam Dumps Test Questions [Q26-Q43]

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Online Questions – Valid Practice CRL Exam Dumps Test Questions

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NEW QUESTION 26
The strategic asset management plan is a useful tool for communicating to:

internal and external stakeholders.

those who report to senior management.

primarily the internal stakeholders.

NEW QUESTION 27
Which of the following is the main factor in conducting a failure mode and effects analysis?

Asset damage

Asset risk

Asset output

NEW QUESTION 28
What is the typical annual percentage of holding cost of a $2 million inventory?

20%

30%

40%

NEW QUESTION 29
Which of the following percentages is attributed to the gains in labor productivity due to the improvement of maintenance efficiency and effectiveness through planning and scheduling?

Up to 60%

Up to 30%

Up to 50%

NEW QUESTION 30
Which of the following is regarded as a key objective of asset preservation in a reliability-centered maintenance analysis?

Sustainability

Functionality

Maintainability

NEW QUESTION 31
Which of the following is a critical aspect in the transition from one operating domain to the next?

Financing of next domain

Rapid transition between domains

Stabilization of current domain

NEW QUESTION 32
Which of the following is usually a significant challenge in transitioning from the reactive to planned domain?

Focusing on planned work while performing reactive work

Focusing on planned work while ignoring reactive work

Focusing on reactive work while performing planned work

NEW QUESTION 33
Which of the following is the reorder point of a spare part if it is determined that the organization needs a minimum of 100 pieces on hand and a safety stock of 25?

125

NEW QUESTION 34
Which of the following are the three most common constraints when establishing a reliability organization?

Engineering/Budget/Human Resources

Budget/Culture/Engineering

Culture/Technical Skills/Resources

NEW QUESTION 35
Which of the following ranges of percentages is generally accepted to be a best practice in the item carrying cost per year of stocking an item and holding it in inventory?

40 to 45%

15 to 20%

25 to 30%

NEW QUESTION 36
The purpose of the asset management strategy or strategic asset management plan (SAMP) is to:

define the long-term strategy for asset maintenance across the organization.

define the long-term strategy for delivering value from assets to achieve organizational objectives.

define the long-term strategy for delivering asset upgrades and overhaul across the organization.

NEW QUESTION 37
Which of the following is generally thought to be the most significant challenge resulting from a successful reliability centered maintenance analysis?

Implementation project

Addressing false failure modes

Defining boundaries

NEW QUESTION 38
Which of the following is the main purpose of PM Optimization?

To reduce cost

To improve task effectiveness

To identify failure modes

NEW QUESTION 39
The relationship between asset management decision making and asset management planning can be best described as:

Unconnected

Static and Sequential

Dynamic and iterative

NEW QUESTION 40
Which of the following drives the decision to dispose of an asset?

Value

Budget

Age

NEW QUESTION 41
What does an asset management policy provide?

Roles and responsibilities

A detailed asset management plan

Guiding principles and AIM

NEW QUESTION 42
An organization’s resistance to change needs to be:

anticipated and planned for.

handled individually based on resistance levels.

eliminated through management enforcement.

NEW QUESTION 43
Who typically specifies the majority of the asset life cycle cost?

Executive sponsor

Design engineer

Maintenance manager

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Online Questions – Valid Practice CRL Exam Dumps Test Questions [Q26-Q43]

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