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16. A company needs to have a clear understanding of downtime cost to make good decisions concerning its assets and how they are operated. a.

16. A company needs to have a clear understanding of downtime cost to make good decisions concerning its assets and how they are operated.

a. True

b. False

17. The true cost of downtime is the lost sales for product not made on time.

a. True

b. False

18. Some companies refuses to calculate the cost of equipment downtime, to improve their financial image.

a. True

b. False

19. The equipment downtime may average 10-20% which restricts the production.

a. True

b. False

20. The change from reactive to proactive is not difficult technically however, it needs a change in the organization culture.

a. True

b. False

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