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

Explain the organisational structure, Probelm 1: An organisational stru...

Probelm 1: An organisational structure defines how job tasks are formally grouped and coordinated. (a) What are the key elements considered when designing an organisation's

Culture - organizational culture, Culture - Organizational Culture Som...

Culture - Organizational Culture Some people think of culture as the character or personality of an organization. How an organization looks and "feels" when you enter it is a

The limitations of carrying out rational decision making, QUESTION 1 (...

QUESTION 1 (i) Discuss the benefits and pitfalls of carrying out formal planning in an organisation. Describe the steps that a manager must take in order to design a feasible

Environment for the business and clients , Environment for Implementation o...

Environment for Implementation of Innovation Ernst and Young have a healthy environment that is appropriate for the business and its people. It offers best services with lowe

The benefits of quality standard iso 9000, BC4 is a manufacturer of bedroom...

BC4 is a manufacturer of bedroom furniture with four factories in the south of the country. As a result of declining company financial performance, the Managing Director (MD) engag

Marketing, what''s the fram works of a marketing plan

what''s the fram works of a marketing plan

#primary sources of collecting data, Ask question #compare and contrast int...

Ask question #compare and contrast interview and questionnaires as primary sources of collecting data#

General safety rules, It is necessary to frame a set of rules to promote s...

It is necessary to frame a set of rules to promote safety of employees and to prevent the direct and indirect costs of accident. These safety rules should be strictly followed

What is crm, QUESTION 1 a. What is CRM? b. Why is CRM important in a...

QUESTION 1 a. What is CRM? b. Why is CRM important in a service organization? QUESTION 2 What are the various behavioural styles which may be exhibited by a customer

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