Benefits from preventive maintenance, Business Management

Assignment Help:

a. Reduction of the total time and consequent reduction in production losses.

b. Reduction nin the number or major repairs and consequently reduced maintenance expenses.

c. Reduction in the number or rejects and an improvement in product quality.

d. Reduction in the inventory of spare parts.

e. Reduction in the number of accident s in the plant.

f. Reduction in the unplanned or crisis management in maintenance .

Besides the benefits mentioned above, there are certain costs associated with the preventive maintenance programme. The costs are those of:

a. Scheduled down time of production.

b. Replacement parts and suppliers.

c. Instrument s e g in the case of condition monitoring.

d. Wages of preventive maintenance technicians and staff.


Related Discussions:- Benefits from preventive maintenance

Advantages of a good material handling systems, Advantages  of a Good Mater...

Advantages  of a Good Material Handling  Systems:  The followings  advantages  are availed from  an efficient material  handling  system. 1.  A good  material  handling sys

Disadvantages of breakdown maintenance, a. It results in dislocation of pro...

a. It results in dislocation of production process and causes excessive delays or reduction in output. b. Wages are to be paid for idle time resulting in loss of profits.

Transactional leadership, Transactional leadership: The transactional ...

Transactional leadership: The transactional leadership is one more category of leadership style at which point the leader accepts certain tasks to perform and provide rewards

Distinguish between a group and a team, QUESTION 1 (a) Using suitable e...

QUESTION 1 (a) Using suitable examples distinguish between formal and informal organization. (b) Describe any two characteristics a formal Organisation. (c) Illustrate an

#title.Analyzing an organization using Nadler & Tushman’s Mo, Ask question ...

Ask question #Minimum 10Project Subject: Analyzing an organization using Nadler & Tushman’s Model 1- Use the Nadler & Tushman’s congruence model to describe your organization or an

Business and cultural, Judge how the business and cultural environments sha...

Judge how the business and cultural environments shape the behaviour of a selected organisation

E-marketing performance measures, Standardised measures for E-marketing per...

Standardised measures for E-marketing performance are both needed and necessary. The discussion of most of the researchers has centred on the following measures (beside the traditi

Features of enterprise resource planning, The general ERP model has a centr...

The general ERP model has a central data base shared by all functions of the enterprise represented by four quadrants in the figure represents the concept of enterprise resources p

Caselets, What should Mr. Sharma have done to avoid the misunderstanding?qu...

What should Mr. Sharma have done to avoid the misunderstanding?question #Minimum 100 words accepted#

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd