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

Economise of maintenance, Maintenance is a costly activity. It is one of th...

Maintenance is a costly activity. It is one of the sizeable indirect costs that enter in to manufacturing and hence it should be given considerable attention by the operations

Discuss the merits and demerits of examining public policy, QUESTION 1 ...

QUESTION 1 Discuss the merits and demerits of examining public policy from the perspective of the rational model. QUESTION 2 Discuss the ‘Pros' and ‘Cons' for governmen

Describe the major components of a business plan, Question 1: Before st...

Question 1: Before starting a small business, individuals need to ensure that they have certain essential characteristics. Discuss the personal characteristics that are requi

Demerits of specialisation include-exquisite flowers, Demerits of specialis...

Demerits of specialisation include: There is superior risk in providing only a restricted range of products or services, i.e. individual traders are not capable to enjoy

objectives of materials handling, Objectives of Materials Handling 1. ...

Objectives of Materials Handling 1. Reduction in Wastage of Machine  time: Proper material handling  system would  ensure  regular  supply  and distribution  of raw  material

What are the benefits of effective business communication, QUESTION 1 a...

QUESTION 1 a) Explain the seven elements involved in a Communication Process b) With reference to the 7C's and 4S's, explain how communication can be improved in a business

Performance management, You just got an important request from the organiza...

You just got an important request from the organization's President to conduct an audit of the company's current appraisal system.  By far the most problematic and volatile issue a

Create a histogram of the distribution of total cost values, Synthetic Auto...

Synthetic Auto Insurance is trying to decide how much money to keep in liquid assets to cover insurance claims. In the past, the company held some of the premiums it received in in

Mauritian educational system, QUESTION "Alarmed by reports of declining...

QUESTION "Alarmed by reports of declining achievement test scores, concerned parents looked to technology for solutions, while interested citizens urged school boards to purcha

Most common barriers to communication, Question 1: (a). Elaborate on th...

Question 1: (a). Elaborate on the stages that form the writing process and explain the value of spending time on the first two stages. Justify their importance. (b). Show wr

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