ABC Trucking Company utilizes Maximo's Lease/Rental Contracts application.

The c ontract vendor requires that any sub-assemblies installed on the parent asset be returned when removed. Also, if anyone attempts to move a child of the parent asset, Maximo will prevent this from occu rring. What property needs to be set on the contract to enforce this criteria?Maintain Hierarchy Fleet Corporation has multiple agreements with different vendors. What is the be st way to manage the agreements in Maximo? Master Contracts A new manufacturing plant is in the process of implementing Maximo. Which applic ations are key to achieving automation, notifications for contracts expiry and setting up respo nse time requirements for corrective maintenance work orders Work Flow, Escalation, Service Level Agreement The boiler water needs to be treated regularly in a power plant. This requires b ulk purchase of chlorine with intermittent release quantities on an basis to appropriate boiler units. Which Maximo applications meet these requirements? Purchase Contracts and Purchase Order Which functions are provided by a Master Contract? Master Contract sets the properties and default terms and conditions for all ass ociated contracts written to a vendor by an authorized site What is the purpose of the Add Lines on Use property of a purchasing contract? It specifies whether or not additional line items can be added to a purchase ord er or request than have been specified in this contract What must be done to a contract prior to it becoming active? A contract must be authorized to at least one site. For which types of records can a purchasing limit be set for a user? PR,PO, MR, invoice, contract When creating a purchase contract, what is the purpose of checking the Change Pr ice on Use field? It specifies that the price of a given related item can be changed on related PO s or purchase requests The Master Contract provides a common set of contract language. Where is this co ntract language used? Across multiple contracts When initiating the revision process for a purchase contract, what change occurs immediately? The status is changed to Pending Revision

Other than through the Purchase Orders application, how can Purchase Orders be c reated in IBM Maximo Asset Management V6.2? From a Purchase Requisition, a Request for Quotation, a Purchase Contract, or a reorder process ABC Trucking Company utilizes Maximo's Lease/Rental Contracts application. The c ontract vendor requires that any sub-assemblies installed on the parent asset be returned when removed. Also, if anyone attempts to move a child of the parent asset, Maximo will prevent this from occu rring. What property needs to be set on the contract to enforce this criteria? C.Maintain Hierarchy