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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 .
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Sam bought a leather corner sofa and chair from SCS Edinburgh for £5,490 in July 2009. Less than a year later, she noticed that the sofa’s stitching had started to unravel and repo
Q. Write a note on classification of business objectives? 1) Economic Objectives - Functions of customer Segment - Innovations - Optimum use of resources 2) Social Objectives -
Explain the reasons why management might choose a direct approach to a system changeover in preference to other alternatives (such as phased, parallel running or pilot schemes).
#questionList out the secondary sources of information while pursuing market research..
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
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