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Core Acquisition Methods

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Questions and Answers

What are the two methods of obtaining cores by the company?

As a credit in transactions with customers buying new pumps or as a direct purchase with a PO number (correct)

Through a loan from a financial institution or as a gift from suppliers

Through a direct purchase with a PO number or as a cash incentive

By trading in old pumps or by selling certified pumps

What is the purpose of a PO number in core procurement?

To authenticate the purchase of new pumps

To track the credit amount given to customers

To facilitate a direct purchase of cores from suppliers (correct)

To verify the certification of the pumps

What type of pumps can customers buy to obtain a core credit?

New, new/certified, or certified pumps (correct)

Only new pumps

Only certified pumps

Used or refurbished pumps

Why is it necessary to track cores received by the company?

To ensure compliance with regulatory requirements Signup and view all the answers

What is the primary benefit of obtaining cores through a direct purchase?

Increased control over core quality Signup and view all the answers

When must the AW Energy Core Exchange Receiving Form be completed?

At the time all cores are organized in the first holding area Signup and view all the answers

What is a requirement for employees before starting a tear down process of a core exchange power end?

Reviewing the procedure document Signup and view all the answers

What is a necessary skill for operators handling cores?

Training in all required safety skills courses Signup and view all the answers

Where are cores initially organized before being processed further?

In the first holding area Signup and view all the answers

Why is it essential for employees to review the procedure document?

To familiarize themselves with the core exchange procedure Signup and view all the answers

Study Notes

Core Acquisition

The company can obtain cores through two methods:
Cores can be received as a credit in transactions with customers who purchase new, new/certified, or certified pumps.
Cores can also be acquired through a direct purchase with a purchase order (PO) number.

Core Tracking Procedure

Cores can be obtained by the company through two means: as a credit in transactions with customers buying new, new/certified, or certified pumps, or as a direct purchase with a purchase order (PO) number.

Documentation

The AW Energy Core Exchange Receiving Form must be completed at the time all cores are organized in the first holding area.

Training

Employees must review the document before receiving any cores into the A&W Energy Facility.
Employees must review the document before starting a teardown process of a core exchange power end.
Operators must be trained in all required safety skills courses.

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Description

This quiz covers the two ways a company can obtain cores, including receiving them as credit in transactions with customers or through direct purchase with a purchase order number.