Asked by Isabella Rapone on Jul 07, 2024
Verified
Why is it that many cost curves associated with maintenance rarely consider the full cost of a breakdown?
Cost Curves
Graphical representations that show how the cost of producing a good or service changes with changes in the production volume.
Full Cost
The total amount of expenses incurred to produce a good or service, including direct, indirect, fixed, and variable costs.
- Recognize the expenses frequently neglected in upholding an ideal maintenance strategy.
Verified Answer
JW
Jamia WilliamsJul 08, 2024
Final Answer :
Many costs are ignored because they are not directly related to the immediate breakdown. For example, some of these costs include the cost of inventory, employee morale, and impact on delivery schedules and customer relations.
Learning Objectives
- Recognize the expenses frequently neglected in upholding an ideal maintenance strategy.
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