Objective of maintenance management, Business Management

Assignment Help:

Objective of Maintenance Management

1. Minimizing the loss of productive time because of equipment failure i, e, minimizing idle time of equipment due to break down)

2. Minimizing the repair time and repair cost.

3. Minimizing the loss due to production stoppages.

4. Efficient uses of maintenance personnel and equipments.

5. Prolonging the life of capital assets by minimizing the rate of wear and tear.

6. To keep all productive assets in good working conditions.

7. To maximize efficiency and economy in production through optimum use of facilities.

8. To minimize accidents through regular inspection and repair of safety devices.

9. To minimize the total maintenance cost which includes the cost of repair cost of preventive maintenance and inventory carrying costs due to spare parts inventory.

10. To improve the quality of products and to improve productivity .


Related Discussions:- Objective of maintenance management

Arguments for a country wishing to restrict free trade, Briefly explain the...

Briefly explain the main arguments for a country wishing to restrict free trade. Protection There may be a require to protect fledgling industries which would not be able

Business environment-socialism & communism, A summary of the important fact...

A summary of the important facts in the article EXPLAIN/RELATE THE ARTICLE TO ANY OF THE THREE BELOW: 1) Business environment (technological, social, global, economic, poli

Explain about the participation in management of workers, Explain about the...

Explain about the participation in management of workers. Workers’ Participation in Management: Worker’s participation into management can be in any of shape, through est

How is dividing and grouping work affected in organisation, How is the divi...

How is the dividing and grouping work affected in the organisation? Dividing and grouping work: Divisionalisation gives a broader perspective, a greater sense of responsi

Strengths and weaknesses of the existing system, The system analyst must un...

The system analyst must understand the existing problems and strengths and weaknesses of the existing system. Other activities comprise identifying the overall implications and ben

Organisations and behaviour, discuss the impact that different leadership s...

discuss the impact that different leadership styles may have on motivation in orhanisations

What are the advantages of the matrix organisation, What are the advantages...

What are the advantages of the matrix organisation? Advantages of matrix organization are as illustrated below: a. When effectively focuses resources onto a single project,

The formula for computing additional paid, The formula for computing additi...

The formula for computing additional paid-in capital in excess of par is shares of stock times

Circulars and notices , Distinguish between circulars and notices along wit...

Distinguish between circulars and notices along with formats

What are the different types of non-verbal communication, QUESTION 1 (a...

QUESTION 1 (a) How do cultural differences impact upon International Business? (b) The domestic society is made up of a variety of co-cultures that exerts a powerful effect

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