Download CMRP Free Dumps - CMRP Best Preparation Materials

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SMRP Certified Maintenance & Reliability Professional Exam Sample Questions (Q28-Q33):

NEW QUESTION # 28
The "lower of cost or market" rule for inventories produces the lowest inventory amount when it is applied to:

A. Each item separately
B. Groups of similar items
C. Random samples
D. Total inventory

Answer: A

Explanation:
The "lower of cost or market' (LCM) rule for inventories produces the lowest inventory amount when it is applied to each item separately. This is because applying the rule to each individual item will yield the lowest price for each item. To the extent that items are aggregated, the inventory valuation will be greater than the LCM.

NEW QUESTION # 29
Themost effective method of performance evaluation is:

A. a employee written assessment.
B. a field review process.
C. a behaviorally anchored rating scale process
D. a feedback process.

Answer: C

NEW QUESTION # 30
The amount of time an asset is actively producing a product or providing a service. It is the actual running time.

A. Uptime
B. Mean Downtime (MDT)
C. TOTAL MAINTENANCE TRAINING COST
D. Rework

Answer: A

NEW QUESTION # 31
Which inventory system requires regular physical inventory counts?

A. Perpetual
B. Neither periodic nor perpetual
C. Periodic
D. Both periodic and perpetual

Answer: D

Explanation:
Both the periodic and the perpetual inventory systems require regular physical inventory counts. In the periodic inventory system, the physical count occurs at the end of the accounting period. It is necessary for the calculation of cost of goods sold and the matching of physical count to inventory balance. The perpetual inventory system requires a physical count to identify inaccuracies in the perpetual records.
Employee theft and shoplifting can result in inventory inaccuracies.

NEW QUESTION # 32
Mean Time Between Maintenance (MTBM) = Operating Time (hours) / Number of Maintenance Actions

A. Condition Based Maintenance Cost Formula
B. Mean Time Between Maintenance (MTBM) Formula
C. Preventive Maintenance Hours Formula
D. Operational Availability Formula

Answer: B

NEW QUESTION # 33
......

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