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CMRP PRACTICE QUESTIONS WITH CORRECT ANSWERS SMRP: The Society for Maintenance & Reliability Professionals (SMRP) CORRECT ANSWER is a nonprofit professional society formed by practitioners to advance the maintenance, reliability and physical asset management profession. With more than 6,000 members worldwide, SMRP provides networking opportunities, continuing education through certifications, plus avenues to grow within the profession and develop new skills. CMRP: The Certified Maintenance &...

CMRP FORMULAS QUESTIONS WITH CORRECT ANSWERS 1.1 RATIO OF REPLACEMENT ASSET VALUE (RAV) TO CRAFT-WAGE HEADCOUNT CORRECT ANSWER RAV ($) / Craft-Wage Headcount 1.3 MAINTENANCE UNIT COST CORRECT ANSWER Total Maintenance Cost / Standard Units Produced 1.4 STOCKED MAINTENANCE, REPAIR AND OPERATING MATERIALS (MRO) INVENTORY VALUE AS A PERCENT OF REPLACEMENT ASSET VALUE (RAV) CORRECT ANSWER [Stocked MRO Value ($) × 100] / Replacement Asset Value ($) 1.5 TOTAL MAINTENANCE COST AS A PERCENT OF...

CMRP EXAM PREPARATION QUESTIONS WITH CORRECT ANSWERS Which one of the following is generally true CORRECT ANSWER Reliability Centered Maintenance can be applied on capital projects in the pre-construction stage to determine the maintenance plan What are the three most significant constraints when developing a Maintenance and Reliability organization? CORRECT ANSWER culture, people, resources. Weibull (life data) analysis is primarily used for... CORRECT ANSWER Probability of failure deter...

CMRP EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED. Benefits of FMEA - -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 maintenan...

CMRP Practice Test Questions & Answers Graded A+ Sample Question & Answer: Three (3) sets of measurable components that make up the maintenance and reliability process - Answer - 1. Management processes and behaviors (mission and vision, people skills) 2. Operational execution (operations, design and maintenance) 3. Manufacturing performance (availability, quality, cost and benefits)

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...