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000-015 exam question

000-015 Exam
IBM Maximo Asset Management V7.1 Implementation
Exam Number/Code : 000-015
Exam Name : IBM Maximo Asset Management V7.1 Implementation
Questions and Answers : 205 Q&As
Update Time: 2010-09-08

000-015 Test information:
Number of questions: 69
Time allowed in minutes: 105
Required passing score: 71%
Test languages: English
Section – Assets
Given that Maximo has been installed and the basic system data has been set up, define the key differences between assets and rotating assets so that rotating assets functionality has been understood.
With emphasis on performing the following tasks:
Rotating assets are assets that are interchangeable.
Rotating assets have a unique asset number and an inventory item number; the item must be marked as rotating. Service Items cannot be marked as rotating; the items found in the Item Master or Tools application can be marked as rotating. Non-rotating assets do not reference an item number.
Rotating assets can be located in a storeroom, either an item storeroom or a tool storeroom. Therefore, rotating assets are often assets that can be repaired/overhauled and where stock is held in a storeroom.
Rotating assets can also exist in labor and courier locations where these have been set up to maintain a balance of an item. Non-rotating and rotating assets can exist in operating locations, vendor, salvage, and repair locations.
Rotating assets can have an Item Assembly Structure (IAS) applied. The IAS can be considered as a template for a hierarchy of assets, saving time when creating many similar asset hierarchies.
The classification of a rotating asset is determined from its Rotating Item. If the attribute values are updated on the Rotating Item, they are also changed on all rotating assets that belong to this Rotating Item.

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