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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 .
How is the breakeven point computed? The Break Even Point (BEP) can be computed by using the given relation as follows: BEP = F / 1-V/P
Economic order size is that size of the order which gives maximum economy in purchasing any item of material. The other terms used for economic order size are economic
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Safety programme In very case of work connected injury there must be some degree of hazarded and unsafe or otherwise faulty behaviour. Therefore in every plant small or
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