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Valid SMRP CMRP Test Discount, CMRP Reliable Test Topics

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SMRP Certified Maintenance & Reliability Professional Exam Sample Questions (Q167-Q172):

NEW QUESTION # 167
Which of the following is a major benefit of enterprise resource planning systems?

A. Data is centralized.
B. Data may be updated for different functions.
C. They are appropriate for businesses of all sizes.
D. They are easy to adjust.

Answer: A

Explanation:
A major benefit of enterprise resource planning systems is that data is centralized. All the departments in the organization use and have access to the same database, so when a particular value is changed by one department, every other department receives the updated value. For this reason, enterprise resource planning systems help to coordinate complex organizations.
This means that they are really only appropriate for medium and large businesses. Because enterprise resource planning systems are so complex, they are difficult to adjust. Also, they create a system to be used by the entire organization, so data may not be updated for different functions.

NEW QUESTION # 168
the average length of operating time between failures for an asset or component used primarily for non-repairable assets and components

A. Condition Based Maintenance Cost
B. Mean Time To Repair or Replace (MTTR) Formula
C. Mean Time Between Failures (MTBF)
D. Mean Time to Failure (MTTF)

Answer: C

NEW QUESTION # 169
In which form of benchmarking does a business apply the best practices of one department to another?

A. Internal benchmarking
B. Process (function) benchmarking
C. Strategic benchmarking
D. Competitive benchmarking

Answer: A

Explanation:
In internal benchmarking, a business applies the best practices of one department to another. Internal benchmarking is only effective when there are appropriate metrics for comparing the departments of an organization. In competitive benchmarking, the company compares its performance with that of a leading competitor in the same field. In strategic benchmarking, the company compares itself with a successful business in another field (that is, with a noncompetitor). In process (function) benchmarking, the business compares its performance in one key area or task with the performance in that task or area by another business.

NEW QUESTION # 170
Which of the following inventory valuation methods may not be used at the end of the year?

A. Weighted average
B. Estimated gross profit rates
C. Specific identification
D. Retail method

Answer: B

Explanation:
The estimated gross profit rate method of inventory valuation may not be used at the end of the year.
According to the Generally Accepted Accounting Practices, this method may only be used at interim dates. If this method is used during the year, all of the reconciliations made at the end of the year must be declared. The other answer choices are all methods of inventory valuation that may be use at the end of the year.

NEW QUESTION # 171
Which of the following does not apply when monitoring product reject rates?

A. Product downgrade
B. Scrap loss
C. Rework or reapplication
D. Lost production time

Answer: D

NEW QUESTION # 172
......

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