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

What are the main modes of speech delivery, QUESTION 1 (a) What difficu...

QUESTION 1 (a) What difficulties can be encountered in interpreting nonverbal communication? (b) What are the various nonverbal codes characterising nonverbal communication?

Crystal arts uses the fifo method of stock control., Crystal Arts a) O...

Crystal Arts a) Opening stock is the price of a firm's stocks at the beginning of a trading period. The value is equal to that of the closing stock in the previous trading per

What are the important provisions for employee health, What are the importa...

What are the important provisions for employee health? Important provisions of Factory Act, 1948 about health: The given are the significant provisions for employee

Recent macro developments, In 2006, European economy performed well with an...

In 2006, European economy performed well with an economic growth of 3%, which was the highest since 2000. This is a sign that the economy is on the road to recovery and in fact mos

Corporate communication and culture, Corporate Communication and Culture: ...

Corporate Communication and Culture: Corporate Communication An emerging area that has been increasingly found as a critical functional area within business companies

What do you meant by the term job satisfaction, Question 1: (i) What do...

Question 1: (i) What do you meant by the term "Job Satisfaction" ? (ii) Discuss the importance of Job Satisfaction in an organisation. Question 2: (i) Differentiate

Domestic market-based organization, Scenario - Imagine you are a newly grad...

Scenario - Imagine you are a newly graduated MBA who has just been appointed as a special consult to the CEO of a major domestic market-based organization. They wish to expand into

Explain profitability analysis models, Question 1 Intermediation is the pr...

Question 1 Intermediation is the process of linking savers of money with those who are in need of money. Explain the intermediation process of banks Question 2 Business loans

What are barriers of communication, QUESTION a) (i) Elaborate on the...

QUESTION a) (i) Elaborate on the importance of feedback. (ii) Explain how it helps to enhance effective communication. b) (i) What are barriers of communication?

What is the leadership in organization, What is the leadership in organizat...

What is the leadership in organization? Leadershi: “Leadership is the capability of a manager to encourage subordinates to work along with confidence and zeal” by Koontz

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