Which of the following statement/s related to spare management is/are true? 

i. Ideally a given organization maintains 20% of the equipment as a spare. 

ii. Resident Engineer maintains the stock room with agreed percentage of spare machines based on the company contracts. 

iii. When there is request for new equipment, Dispatch Engineer is sent for setting up the devices.

Only ii and iii
Only i and iii
i, ii and iii
Only i
Verified Answer
Correct Option - c

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