Support for businesses facing rising energy costs unveiled

Support for businesses facing rising energy costs unveiled

Assessment

Interactive Video

Business

University

Hard

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The video discusses the critical reliance of ceramics companies on continuous power supply, highlighting the challenges posed by energy volatility and uncertainty. It explores strategies for energy conservation, such as slowing kiln operations and optimizing equipment use, to mitigate risks and manage costs effectively.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is continuous power supply crucial for a ceramics company?

It reduces the cost of raw materials.

It allows for more flexible working hours.

It improves the quality of the ceramics.

It ensures the kilns operate at optimal temperatures.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a significant challenge faced by the ceramics company due to energy price volatility?

Difficulty in sourcing raw materials

Decreased demand for products

Increased labor costs

Uncertainty in operational planning

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the company attempt to manage energy costs?

By using alternative energy sources

By outsourcing production

By firing kilns at night when energy is cheaper

By increasing production hours

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one method the company uses to conserve energy?

Increasing the temperature of the kilns

Slowing down the kilns

Running all compressors simultaneously

Hiring more staff

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential risk when turning equipment back on after maintenance?

The equipment may produce lower quality products

The equipment may overheat

The equipment may not restart properly

The equipment may consume more energy