16. A company needs to have a clear understanding of downtime cost to make good decisions concerning
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Question:
16. A company needs to have a clear understanding of downtime cost to make good decisions concerning its assets and how they are operated.
a. True
b. False
17. The true cost of downtime is the lost sales for product not made on time.
a. True
b. False
18. Some companies refuses to calculate the cost of equipment downtime, to improve their financial image.
a. True
b. False
19. The equipment downtime may average 10-20% which restricts the production.
a. True
b. False
20. The change from reactive to proactive is not difficult technically however, it needs a change in the organization culture.
a. True
b. False
Related Book For
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds
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