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

Difference between disaster recovery and business continuity, 1. Differenti...

1. Differentiate between disaster recovery and business continuity. In your answer provide examples of the processes and technology involved. 2. The decision to choose a DAS, NA

Applied theory, what are the drawbacks in classical and neo classical theor...

what are the drawbacks in classical and neo classical theories of management

What is breaking structural barriers, Breaking Structural Barriers- It is ...

Breaking Structural Barriers- It is useful for a firm to break structural barriers that inhibit its operations or limit its drive for competitive advantage. Computers as well as t

What is persuasive communication, QUESTION 1 Explain the importance of ...

QUESTION 1 Explain the importance of the i) Perceptual, ii) Behavioural and iii) Relational consequences of communication. QUESTION 2 Using a concrete example

Labor Practices in sweat shops, A clothing company uses sweatshop labor to ...

A clothing company uses sweatshop labor to manufacture clothing products that contribute to low pricing, which is a consumer want. Many companies have engaged in sweatshop labor. D

BUSINESS, WHAT THE DIFFERENT BETWEEN BUSINESS MANAGEMENT AND BUSINESS ADMIN...

WHAT THE DIFFERENT BETWEEN BUSINESS MANAGEMENT AND BUSINESS ADMINISTRATION?

Row minima methods, Row Minima Methods: Steps1: The smallest cost  i...

Row Minima Methods: Steps1: The smallest cost  in the first  row  of the  transportation table  is determined. Let it be C 1j   . allocate as much  as possible amount X 1j

Business administration, b. A paper mill produces two grades of paper viz.,...

b. A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y pape

The problem-solving effectiveness of teams, QUESTION a) The processes t...

QUESTION a) The processes that take place in a team while it is working together (i.e interaction, task & maintenance functions, group cohesion, norms and values) are often ove

What is the suitable procedure of job evaluation, What is the suitable proc...

What is the suitable procedure of job evaluation? Procedure of Job Evaluation: 1. Know the job to be evaluated. 2. Define and analyse the needs of the job. Write-down

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