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i-OPTIMIZE 2019

Total questions: 10

Worksheet time: 2mins

Name
Class
Date
1.

What is the name of this session?

a)

u-OPTIMIZE 2019

b)

we-OPTIMIZE 2019

c)

no-OPTIMIZE 2019

d)

i-OPTIMIZE 2019

2.

Which statement is not related to Asset Lifecycle

a)

Operate

b)

Maintain

c)

Gap

d)

Design

3.

Which does not contribute to Margin Leakage?

a)

Inaccurate planning model

b)

Feedstock stability

c)

Unplanned downtime

d)

Product giveaway

4.

Identify the Supply Chain Lost Opportunity (multiple answers)

a)

Crude optionality and price volatility

b)

Poor demand planning

c)

Supply chain stability

d)

Low visibility of supply chain economics

5.

Value Chain Optimization involves the following except

a)

Operations & Maintenance

b)

Forecast & Plan

c)

Plan & Schedule

d)

Distribute

6.

What is the name of AspenTech's planning software?

a)

Aspen PI

b)

Aspen Plus

c)

Aspen Planning System

d)

Aspen PIMS

7.

Value Chain Optimization involves the following except

a)

Operations & Maintenance

b)

Forecast & Plan

c)

Plan & Schedule

d)

Distribute

8.

What is NOT included in Production Optimization Workflow

a)

Plan & Schedule

b)

Distribute

c)

Monitor & Execute

d)

Control & Optimize

9.

All the statement below is TRUE in choosing scheduling model EXCEPT

a)

Fully integrated with planning models

b)

Connects all scheduler in a single platform

c)

Reduced gap between Plan vs Schedule vs Actual

d)

Lowest cost in the market

10.

What does APS (refinery scheduling model) stands for

a)

Aspen Planning & Scheduling

b)

Aspen Process Simulation

c)

Aspen Petroleum Scheduler

d)

Aspen Planning System