CMRP Study guides, Class notes & Summaries

CMRP - Certified Maintenance and Reliability Professional Certification Exam 2024 Questions with Complete Solutions Sample Question & Answer: Key Elements of Reliability Specs - Answer - Probability of successful performance Function to be performed Usage time Operating conditions Environment Skill or operators/maintainers

CMRP Exam Questions & Answers {Latest Edition 2024} Sample Question & Answer: Mission statements are important for 3 reasons: 1) The help companies focus their strategy by defining some boundaries within which to operate 2) The define the dimensions along which an organizations performance is measured and judged 3) The suggest standards for individual ethical behavior

ABC, Activity based costing - ANSWER Usually refers to costing method that breaks down overhead costs into specific activities (cost drivers) in order to more accurately distribute the costs in product costing. Has also been applied to customer and vendor management. ABC stratification - ANSWER Method used to categorize inventory into groups based upon certain activity characteristics. Examples of ABC stratifications would include ABC by velocity (times sold), ABC by sales dollars, ABC by q...

Benefits of FMEA - Answer-1) Early identification and elimination of potential asset/ process failure modes 2) Prioritization of asset/process deficiencies 3) Documentation of risk and actions that are taken to reduce risk 4) Minimization of late changes and associated costs 5) Improved asset(product)/process reliability and quality 6) Reduction of life cycle costs 7) The catalyst for teamwork among design, operations, and maintenance FMEA - Answer-Failure Mode and Effects Analysis What...

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