What kind of costs are downtime and lost efficiency?
A)ordering costs
B)setup costs
C)holding costs
D)stockout costs

Question

What kind of costs are downtime and lost efficiency?
A)ordering costs  
B)setup costs  
C)holding costs  
D)stockout costs

Quizplus · Accepted Answer

Downtime and lost efficiency are often associated with setup costs, which are incurred during the process of preparing or setting up equipment or production lines for manufacturing an order. These costs can include labor, lost production time, and the expenses related to configuring equipment or facilities.

What Kind of Costs Are Downtime and Lost Efficiency