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Oracle Maintenance Cloud 2023 Implementation Professional Sample Questions (Q50-Q55):

NEW QUESTION # 50
What is the purpose of asset tracking in asset management?
Response:

A. Estimating the value of assets
B. Determining the lifespan of assets
C. Analyzing the performance of assets
D. Identifying the location of assets

Answer: C

NEW QUESTION # 51
What is the significance of asset lifecycle management?
Response:

A. It minimizes the risk of asset theft or loss.
B. It determines the optimal time to dispose of assets.
C. It ensures efficient and effective use of assets throughout their lifespan.
D. It focuses on maximizing the financial returns from assets.

Answer: D

NEW QUESTION # 52
What is work execution in the context of project management?
Response:

A. Evaluating project performance and outcomes
B. Carrying out project tasks and activities
C. Assigning tasks to team members
D. Planning and scheduling project activities

Answer: B

NEW QUESTION # 53
What are the benefits of implementing predictive analysis of asset health?
Response:

A. Optimized maintenance scheduling and resource allocation
B. Reduced maintenance costs and improved asset reliability
C. Minimized unplanned downtime and improved operational efficiency
D. All of the above

Answer: D

NEW QUESTION # 54
What is the purpose of item management in inventory control?
Response:

A. To minimize storage costs
B. To maximize sales revenue
C. To optimize production efficiency
D. To ensure availability of items when needed

Answer: A

NEW QUESTION # 55
......

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