Exam (elaborations) Operations and Maintenance

Operations and Maintenance Quiz & Ans a warehouse materials manager selects a vendor to provide the institutions annual consumption of spare parts. the warehouse is not large enough to hold all of the materials used in a year. there is a general understanding that when supplies are low the manager will restock supplies from the vendor. what necessary factors will ensure that an adequate supply of materials is available - ANSWER the lead time for the supplier to provide materials and the rate of consumption of materials the primary issues involved in capital renewal are - ANSWER refurbishment of an existing building versus building a new facility the strategic development model focuses on - ANSWER a comprehensive approach concerning the facility portfolio what ratio determines the maintenance reinvestment rate MRR of an institution - ANSWER maintenance and repair costs divided by current replacement value an institutions strategic capital development model reviews facilities quality under what conditions - ANSWER as part of the needs assessment stage what will be the primary benefit for the institution to continue the full process of capital renewal and replacement - ANSWER allows priorities to be set with the best information available excluding utilities what percentage range of the current replacement value should be used to properly maintain a facility - ANSWER 1%-3% an effective strategy for implementing a capital renewal and replacement program includes - ANSWER identifying a short term need for deferred maintenance and long term needs for life cycle renewal