Which of the Following Is Not Characteristic of Preventive Maintenance

question 124

Multiple Choice

Which of the following is not characteristic of preventive maintenance in JIT systems?

• A) Keeping machines operational
• B) Regular inspections of machines
• C) Workers helping to maintain their own equipment
• D) Operating machines properly
• E) Perceiving breakdowns as an opportunity for continuous quality improvement

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Definitions:

Real Option

The value of additional decision-making flexibility in investment, often under conditions of uncertainty.

Business Conditions

The state of the economic environment affecting the operations and profitability of companies.

Standard Deviation

A statistical measure that quantifies the amount of variation or dispersion of a set of data values.

Risk Aversion

The premise that most people prefer lower risk investments when expected returns are about equal.