Fuel
Business Management
USA
Asset Management
Maintenance Management
100

Clean burning, high octane motor fuel, produced from renewable resources

What is Ethanol

100

A promise or set of promises for which the law provides a remedy for breach or which the law recognizes a duty for performance

What is a Contract

100

The 13 horizontal stripes represented on the American Flag

What are the 13 original British Colonies

100

Capitalized Cost + O & M Costs - Salvage Value =

What is Lifecycle Costs (or TCO)

100

A term for conditions that place unusually high strain on a vehicle, requiring more frequent maintenance

What is Severe Service (or severe duty)

200

A vehicle which has two or more major sources of propulsion power

What is a Hybrid

200

A contract clause which protects the performer from breach for failure to perform by causes beyond their control

What is Force Majeure

200

The system created for a national draft to raise an army for World War I

What is Selective Service

200

One that possesses, owns, or holds the exclusive right to something

What is Proprietary 

200

Based on the gross vehicle weight rating of the vehicle or equipment and is divided into weight classes commonly used in the fleet industry

What is the Class Code (or vehicle class)

300

Fuel which dissipates into the atmosphere in the event of an accident

What is CNG

300

An employer's ability to dismiss an employee for any reason

What is At Will

300

Authorized by JFK, the failed invasion attempt of Cuba in 1961

What is the Bay of Pigs

300

A contract that allows a company to use an asset for a specific period without acquiring ownership

What is an Operating Lease

300

The amount of time a qualified worker should take to complete a specific task under normal conditions

What is Standard Labor Time

400

A valuable byproduct from the chemical process of creating biodiesel, sold to be used in soaps and other products

What is Glycerin

400

Principles, rules and guidelines formulated or adopted by an organization

What is a Policy

400

U.S.-led coalition conflict which began on January 16, 1991, and ended with an Iraqi defeat and retreat from Kuwait on February 28, 1991.

What is the Gulf War (1991)

400

Accounting type, where the asset is not included in a company's statement of financial position, but recorded as an operating expense  

What is Off Balance Sheet 

400

The maintenance and repair requirements of a vehicle class relative to a base vehicle class, typically a passenger car

What is MRU (Maintenance Repair Unit)

500

The service which provides the daily price of fuel by city or terminal location

What is OPIS (Oil Pricing Information Service)

500

An agreement between two or more companies to work together to achieve mutually beneficial goals

What is a Strategic Partnership

500

The US operation conducted on May 2, 2011, in which SEAL Team Six shot and killed Osama bin Laden in Abbottabad, Pakistan

What is Operation Neptune Spear

500

The process of selling or repurposing used or retired assets, to recoup value and minimize waste

What is Remarketing

500

A fund used to account for revenues received for goods or services provided to users on a continuing basis and primarily financed through user charges

What is an Enterprise Fund