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IBM Maximo Asset Management V7.1 Solution Design Sample Questions:

1. What are the standard statuses for a Maximo Asset?

A) not ready, operating, and decommissioned
B) operating, out of service, and salvaged
C) in service and out of service
D) hold, operating, and decommissioned

2. What is a feature of the Select Action menu in Report Administration?

A) Export a report definition.
B) Define application security for reports.
C) Schedule a report.
D) Create new reports.

3. Which two options are the primary data used to calculate the Reorder Point in the Inventory Reorder Point
Report? (Choose two)

A) Promised Delivery Date
B) Minimum Stocking Level
C) Lead Time
D) Last Order Quantity
E) Economic Order Quantity

4. Which type of Workflow action can be created to ensure that the record is updated when the assignment is rejected or approved?

A) Create two actions, each using a type of command line executable.
B) Create an action, bye using a type of group of APPR and CAN change status.
C) Create two actions, each using a type of change status for the status filed of either APPR or CAN.
D) Create two actions, each using a type of set value for the status filed of either APPR or CAN.

5. What is the primary use of the ABC Type for ABC Analysis on an item?

A) ABC Analysis in Inventory lets one quickly identify which inventory items represent their company'sgreatest investment in terms of turnover rate.
B) ABC Analysis in Inventory lets one quickly identify which inventory items represent their company'sgreatest investment in terms of monetary value.
C) The ABC Type determines count frequency and break points for classification to be used whenperforming cycle counts.
D) ABC Analysis in Inventory lets one quickly identify which inventory items represent their company'sgreatest investment in terms of monetary value and turnover rate.

Solutions: