A typical factory spends up to half its operating budget identifying and fixing mistakes.

Question

Quizplus · Accepted Answer

It is common for factories to spend a significant amount of money on identifying and correcting errors in their operations. This can include things such as production downtime, reworking defective products, and conducting quality control checks. The exact percentage of a factory's operating budget that is spent on these activities may vary depending on the industry, size of the factory, and other factors, but it is not uncommon for it to be around 50%.

A Typical Factory Spends Up to Half Its Operating Budget