TPM

The total cost of an item throughout its life including design, manufacture, operation, maintenance, and disposal.

Goals of Effective Maintenance = (Equipment performs its functions whenever required /  At minimal cost)= (Maximize goals / Minimize means of attaining goals)

Weaknesses built into the equipment from the start, owing to mistakes or lack of technical expertise at the design, fabrication or installation stages.

(1) Failure Frequency “Failure frequency” denotes the incidence of failure as a percentage of loading time (the time during which the equipment is supposed to be operating). The “frequency” part of this term was borrowed from the discipline of safety management. The following formula expresses this index: (2) MTBF (Mean…