Which of the Following Is an Approach a Company Can

question 82

Multiple Choice

Which of the following is an approach a company can use to create a buffer for forecast error using safety inventory?

• A)Overtime
• B)Carry extra workforce permanently
• C)Build and carry extra inventories
• D)Subcontracting

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Definitions:

Maintenance Management

The process of overseeing and coordinating maintenance resources and activities to ensure organizational assets are kept in usable condition and available as needed.

Power Plant Maintenance

The routine, preventative, and corrective maintenance tasks required to ensure the efficient and safe operation of a power generation facility.

Unexpected Failure

The sudden malfunction or breakdown of equipment or systems that were not anticipated based on their performance history or maintenance schedules.

Redundant Part

A component in a system designed as a backup or fail-safe, intended to function in case the primary part fails, ensuring reliability and continuity of operations.