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

Quality requirements, Quality is the performance of the product as per ...

Quality is the performance of the product as per the commitment made by producer to the customer. It is the degree of excellence at an acceptable price and the control of v

What are the characteristics of a good plan, QUESTION 1 (a) What are the...

QUESTION 1 (a) What are the characteristics of a good plan (b) Discuss the circumstances under which planning might fail. QUESTION 2 F. Hertzberg made a distinction bet

Describe some benefits of process mapping, Describe FIVE benefits of proces...

Describe FIVE benefits of process mapping.   Process mapping includes constructing a flowchart representation indicating processes that shows how a product or transaction is pr

Benefits of just in time manufacturing, 1. Reduction  of wastes ( defects  ...

1. Reduction  of wastes ( defects  scrap and rework  ) and  increased ability to remain  competitive  through  customer focus and  delivering superior performance of both goods  an

Short-term finance, discuss three approaches to the short-term finance prob...

discuss three approaches to the short-term finance problem and provide relevant examples for each

Explain how far money is the main motivating factor at work, QUESTION 1 ...

QUESTION 1 According to the instrumentality theory of motivation, money is the main motivating factor at work. This can explain the existence of performance related pay in many

Problem based on nature of business activity, Nature of Business Activity ...

Nature of Business Activity a) The fashion magazine is probable to contain text and coloured photos which bring in outlying greater value to the consumer than 100 pages of pap

Challenges and forces which organisations face today, Question 1: (a) ...

Question 1: (a) Organisational Behaviour (OB) seeks to understand how we can best understand human behaviour in organisations. Discuss in relation to the challenges and for

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