Production loss caused by downtime is an example of what type of cost?
A)External failure cost
B)Internal failure cost
C)Prevention cost
D)Appraisal cost

Question

Quizplus · Accepted Answer

Production loss caused by downtime is an example of internal failure cost, which refers to the cost incurred when defects or errors occur before the product or service is delivered to the customer. In this case, the downtime is a result of an internal failure within the production process.

Production Loss Caused by Downtime Is an Example of What