HMD 395 Exam 2023 /2024

Postponing of maintenance, system upgrades, and repairs on buildings and equipment is known as _______. This can cause increased costs in the future and potential safety and liability issues. - ANSWER-Deferred Running a company's maintenance program on a _________ basis is risky because it will likely cost more money in the long run. - ANSWER-Emergency/break down The Facilities Management (i.e., engineering) Department has been heavily impacted by a host of new laws and regulations governing the building's operations These include new laws governing the use of energy, water, chemicals, fire safety and the environment. - ANSWER-True Hospitality buildings are expensive to maintain. Please match the correct percentage of annual revenue with the corresponding category. - ANSWER-*Annual Maintenance-5% Annual Revenue *Annual Utility Costs-4-6% Annual Revenue *Remodeling, Major Equipment, and System Repairs-May exceed 20% of annual revenue In a hospitality organization, the building is the primary asset of the company. Thus, protecting that asset and maximizing its profit potential is one of management's greatest responsibilities. - ANSWER-True Preventive maintenance tasks are performed to: - ANSWER-(All) Reduce Breakdowns, Reduce Energy Consumption and Costs, Extend the Life of the Equipment Which of the following best describes using a "condition-based" approach to maintenance scheduling? - ANSWER-a maintenance strategy that schedules maintenance activities in response to system or equipment conditions The two facilities-related Operating Expense (OpEx) categories are: - ANSWER-Property Operations and Maintenance; Utilities Facilities management professionals often discuss the fact that roughly _______ of a building's lifetime costs are its construction costs and the remaining _____ of the costs are for maintaining the building. - ANSWER-25%; 75% A rate schedule/tariff refers to: - ANSWER-A list or menu of different types of rate structures A property's FF&E is referring to: - ANSWER-Furniture, Fixtures, and Equipment A property's owner should create and fund a ________, also known as _______. This is a special type of savings account with a financial institution held for a specific purpose. - ANSWER-Reserve For Replacement; Capital Reserve The _______ portion of your water bill will be based on meter readings that are taken by the utility company. - ANSWER-Supply An automated ________ is a computerized system that monitors your demand meter in real time. This is also known as a ________. This system is more effective than a manual system because it is more consistent. - ANSWER-Demand Controller; Load Shedding System The purpose of ____________ projects is to stabilize or increase the valuation of the business or the building, where if the company were to be sold, the selling price can be increased. - ANSWER-Capital Expenditures (CapEX) Depending on your electrical rate schedule, you may see all of the following on your bill, except: - ANSWER-All of These Are Possible Charges on Your Bill Match the following terms associated with Hazardous waste with the corresponding definition. - ANSWER-Ignitability-can create fire | Corrosivity-Acids or bases | Reactivity-unstable under " normal" conditions cause explosion, toxic fumes, gas | Toxicity-Harmful or fatal when ingested Disposing of hazardous waste is __________ expensive than disposing of ordinary solid waste. - ANSWER-More A modern, improved version of an incinerator that is used for waste disposal is known as a: - ANSWER-Trash Incinerator Facility A company's waste management contractor typically charges a _______, which is the cost to empty your waste container. - ANSWER-Tipping Fee Which of the following terms best describes the term "feedstock"? - ANSWER-Using left over food scraps to fill a composting bin Hazardous materials are the materials and chemicals on our property that are still in storage and in use. Once it is time to dispose of these materials, they are classified as hazardous waste. - ANSWER-True