The Objective of Maintenance and Reliability Is To

question 79

Multiple Choice

The objective of maintenance and reliability is to:

• A) ensure that breakdowns do not affect the quality of the products.
• B) ensure that no breakdowns will ever occur.
• C) ensure that preventive maintenance costs are kept as low as possible.
• D) maintain the capability of the system.
• E) ensure that maintenance employees are fully utilized.

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Definitions:

World Price

The global market price of a good or service, determined by supply and demand across all countries.

Export Supply Curve

A graphical representation that shows the relationship between the price of a good on the international market and the quantity of the good that a country is willing to export.

Export Supply Curves

Graphical representations showing the relationship between the price of a good on the international market and the quantity of the good that a country is willing to export.

Import Demand Curves

Graphical representations that show the quantity of goods a country is willing to import at different price levels.