The Optimum Amount of Preventive Maintenance Occurs When the Production

question 71

Multiple Choice

The optimum amount of preventive maintenance occurs when the production system is kept in good working order and

• A)total breakdown costs are at a minimum.
• B)total preventive maintenance costs are at a minimum.
• C)each maintenance component cost is at a minimum.
• D)total maintenance costs are at a maximum.
• E)total maintenance costs are at a minimum.

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Definitions:

Crash Cost

The additional cost associated with reducing the completion time of a project or activity to its minimum.

Time Savings

The reduction in the amount of time required to complete a task or process, often achieved through increased efficiency.

Total Crash

In project management, it refers to the situation where the duration of a project is reduced to the minimum possible time by accelerating tasks at the highest cost increase.

Project Phases

The distinct stages a project goes through from initiation to completion, including planning, execution, and closure.