Economise of maintenance, Business Management

Maintenance is a costly activity. It is one of the sizeable indirect costs that enter in to manufacturing and hence it should be given considerable attention by the operations managers .

Figure below shows that total cost decrease up to point M under preventive maintenance and beyond this point an increasingly higher level of preventive maintenance is not economically justified. The level of degree of maintenance at point M, which gives the minimum total maintenance cost is known as the optimal level of maintenance activity or ideal level of maintenance. It is seen from figure below that at the optimal level of maintenance preventive maintenance cost equals the break down maintenance cost.

Posted Date: 3/25/2013 5:11:47 AM | Location : United States







Related Discussions:- Economise of maintenance, Assignment Help, Ask Question on Economise of maintenance, Get Answer, Expert's Help, Economise of maintenance Discussions

Write discussion on Economise of maintenance
Your posts are moderated
Related Questions
QUESTION Nathan is the floor Manager at Bell Enterprise. Lately he has been concerned with staffs not respecting the lunch hours. He has warned them but with no avail. He then

QUESTION (a) Briefly describe three sticky features that Web sites use to attract and keep visitors. (b) Provide a detailed discussion on cookies, by giving two advantages a

How can management play an important role in promotion of productivity? Productivity means that more number of goods or output through the same amount resources or input. Manag

Question 1: a) Your supervisor and you have different expectations and you start to realise that poor communication is getting in the way of your progress. Discuss strategi

Material Handling Systems Meaning and Definition  In  a manufacturing  firm  the raw  materials  are obtained  from the suppliers  and are stored  in the stores room.  Th

The Company have now added one more process to their product's line. The new process is to label their products to reflect their compliance to new international standards. The new

Question 1: (a) Describe the philosophy and associated implications of the Harvard model of Human Resource Management (HRM) for managing people in the organization. Questio

Corporations were formerly run solely in the interest of the shareholders. Things have changed; we are now witnessing growing concern for multi stakeholders. (a) Illustrate an

The average employee today is more educated then they were ten, twenty or forty years ago, but why? What factors exist to explain this? If the firm is to train employees, what is

Rate, from best to worst, each of the sources you indicate in Question 1 above as being sources you will use in your analysis in terms of its probable reliability. Discuss the ste