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There Are Several Questions That Can Help Determine How Large

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There are several questions that can help determine how large an expenditure for TPM is reasonable.One is: "How vulnerable is the specific process to a breakdown that will slow or stop production output?"


Definitions:

Macro Variables

Broad variables that describe the overall context of an economy, such as GDP, unemployment rates, inflation, and interest rates.

Micro Variables

Small-scale factors that can affect a business or research outcome; often specific to a particular area or sector.

Demographic Variables

Characteristics of populations used in market research, such as age, gender, income, and education, to segment markets.

Global

Pertaining to or involving the entire world; often used in the context of businesses that operate internationally.

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