A Printing Press Has a Mean Time Between Failures of 175

question 46

Multiple Choice

A printing press has a mean time between failures of 175 and mean time to repair of 8.In this case,the availability is ______.

• A)0.956
• B)0.895
• C)0.789
• D)0.678

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Definitions:

Common Measures Bias

When managers focus on common performance metrics across divisions and ignore performance metrics that are unique to individual divisions.

Divisional Performance

An assessment of the financial and operational effectiveness of a distinct business unit within a larger company.

Value Chain

A model that describes the full range of activities needed to create a product or service, from initial conception through the different phases of production to the delivery to consumers.

Leading Indicators

Economic factors that change before the economy starts to follow a particular pattern or trend, used to predict future movements.