Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

MAS > 3.7 Assets > Flashcards

3.7 Assets Flashcards

1
Q

Define Assets

A

Physical entities often placed in locations to perform functions

or

Logical entities like software licenses

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Characteristics of Assets

A
  • Usually repairable
  • Have serial numbers, or
  • Are purpose-built and represent what is delivered when a purchase is made to fulfill a plant requirement
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

What is stored in the Assets application?

A

Asset numbers and corresponding information such as:
- Class
- Location
- Vendor
- Up/down status
- Maintenance costs

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Some options for building out asset hierarchies

A

Arrangement of:
- Buildings
- Departments
- Assets
- Subassemblies

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

List internal values for asset (and location) statuses

A

NOT READY
OPERATING
DECOMMISSIONED
IMPORTED

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

List asset (and location) status(es) with internal value NOT READY

A

NOT READY

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

List asset (and location) status(es) with internal value OPERATING

A

ACTIVE
OPERATING
LIMITEDUSE

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

List asset (and location) status(es) with internal value DECOMMISSIONED

A

INACTIVE
DECOMMISSIONED
BROKEN
MISSING
SEALED

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

List asset (and location) status(es) with internal value IMPORTED

A

IMPORTED

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

List the options available when moving an asset from an operating to a decommissioned status

A
  • Remove Asset Reference from Active Routes?
  • Remove Asset Reference from Active Safety Plans?
  • Change the Status of All Associated PMs to Inactive?
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

define Rotating Assets and give examples

A

interchangeable

examples:
- motors
- pumps
- fire extinguishers
- PC monitors

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

What do Rotating Assets have (database)

A

both:
- unique asset number
- inventory item number

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

use of inventory item number for Rotating Assets

A

Track assets as a group as they move in and out of inventory and other locations.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

What is the asset number on a rotating item helpful for?

A

Track assets as a group as they are moved from one location to another and from one site to another.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Non rotating assets

A

Assets in a fixed location

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Characteristics of non rotating assets

Examples

A
  • Typically large
  • Capital in nature

Examples:
- air handling units
- rooftop units
- boilers

17
Q

What does a non rotating asset have in the database?

A

Unique asset number
does not have an item number because it is not tracked in inventory

18
Q

Asset templates

A

Specify common asset information that can then be applied to multiple assets to create multiple assets and to update multiple existing assets

19
Q

Components of an asset template

A
  • Basic information template
  • spare parts
  • PMs
  • meters
  • specifications

to act as a template when creating assets

20
Q

other uses of asset templates

A

associate to a master PM record with multiple non rotating assets

21
Q

What is another term for subassembly?

A

child asset

22
Q

What are spare parts stored as in Maximo?

A

Inventory items

23
Q

What is the purpose of the subassemblies and spare parts tab?

A

Associate sub assemblies (child assets) and/or spare parts (inventory items) to the selected asset

24
Q

What does the sub assemblies and spare parts tab enable you to build?

A

Asset hierarchy

25
Q

Which tab displays the parent of the asset?

A

Sub assemblies and spare parts tab

26
Q

True/False: the location of an asset can be changed via the location field on the asset record

A

False
the location of an asset cannot be changed by simply changing the location field on the asset record

27
Q

What must be created when an asset is moved?

A

Various transaction histories

28
Q

how to move an asset

A

Asset record > More Actions menu > Move/Modify Assets

29
Q

What is the move/modify assets action used to move assets between?

A
  • sites
  • locations
  • parent/child asset relationships
  • GL accounts
  • bins
30
Q

What are some other usages of the move/modify assets action aside from moving the asset between entities?

A
  • change any users or custodians assigned to the asset
  • change any attributes of the asset
31
Q

Describe the Swap Asset action

A

specialized, 2-way exchange of potentially multiple assets that can be performed in a single action

32
Q

what are the limits to cross-organization swaps via the Swap Asset action?

A
  • item set
  • asset identifier
  • security configurations
33
Q

How can relationships be created between assets, outside of parent child relationships?

A

Assets module > Relationships application

34
Q

What are the asset relationship types?

A
  • Bidirectional
  • Unidirectional
35
Q

What type of relationship are asset parent child relationships?

A

unidirectional

36
Q

What are some examples of unidirectional asset relationships?

A
  • “installed on”
  • “runs on”
  • “contains”
  • “includes”
37
Q

What are some bidirectional asset relationships?

A
  • “connects”
  • “bisects”
  • “intersects”
  • “parallel”
38
Q

When are bidirectional asset relationships helpful?

A

When working with linear assets specifically

39
Q

Where are specifications for an asset for calibration added?

A

Data Sheet Templates application

MAS (50 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions