Implementing changes and designing changes are not major maintenance activities

Indicate whether the statement is true or false

FALSE

Business

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Drought conditions spike demand during the summer to an annualized rate of 27,000 cans per year and the price rises to $12 per can. If the ordering cost per lot is 75 cents, what is the holding cost percentage?

A) 3.1% B) 1.81% C) 31% D) 18.1%

Business

________ refers to the ability of a process to produce a product that meets specifications

A) Process stability B) Process attribute C) Process variability D) Process capability E) Process conformance

Business