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 term internal environment of an organisation, QUESTION Many...

QUESTION Many business people tend to forget the importance of the internal environment for the success of their organisation. They rather give more importance to the impact of

Discuss the qualities required by effective business leaders, Question: ...

Question: There is no one specific method of categorizing organization theories. Thus, it is generally accepted that: (a) The Type 1 theorists, also known as the classical s

Importance of control for managers to achieve the objectives, QUESTION 1 ...

QUESTION 1 XYZ Ltd is a company that likes to encourage its employees through internal promotion. Consequently, many technical workers were promoted as first line managers in t

Communication conflicts in modern business environment, Question 1: The...

Question 1: There are various communication conflicts in modern business environment. Project conflicts are somehow inevitable. (i) Show some of the possible sources of pr

Maintanace, as an enterpreneur ,if given 50000 what business would you do?

as an enterpreneur ,if given 50000 what business would you do?

Office administration, how to draw a stock control card and discuss the com...

how to draw a stock control card and discuss the completion process .

General partnership as business structure, Rene's decision In 2004, Rene...

Rene's decision In 2004, Rene opened his shop with only one full-time employee. Since then Rene has added two general partners and greatly expanded the operation. Over the past

MR, #question. What are the three approach to the short-term financing prob...

#question. What are the three approach to the short-term financing problem and provide relevant examples for each

Transactional and transformational leadership, Question 1: Describe the...

Question 1: Describe the concept of quality. What are the challenges of managing quality across the organisation? Concept of Quality Challenges of managing quality ac

Short-term, discuss the three approaches to the short-term financing proble...

discuss the three approaches to the short-term financing problem and provide relevant example of each

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