preventive maintenance

(redirected from Maintenance cost)
Also found in: Dictionary, Acronyms, Encyclopedia.

preventive maintenance

a planned MAINTENANCE programme aimed at minimizing or eliminating breakdowns to buildings, plant, machinery and equipment with their consequent disruption to production, or inconsistent machine operation which might affect product quality. A preventive maintenance programme would involve keeping an up-to-date PLANT REGISTER which notes the maintenance requirements of each machine; scheduling the frequency of inspections, lubrication and overhauls for each machine; GROUP REPLACEMENT of parts, where appropriate, or replacement of parts as they fail (see CONDITION-BASED MAINTENANCE); making modifications and improvements which increase reliability and at the same time bring the plant, machinery or equipment up to date.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
References in periodicals archive ?
"But to date, three years later, no agreement could be reached with the owners, leaving the taxpayer to continue to pay unreasonably high rent and maintenance costs for housing the head office of the WDD," the report said.
The main goal of this study is to compare airfield maintenance cost based on functional condition evaluation with that based on structural condition evaluation.
Taxpayers considering or who have implemented a change in accounting method to recharacterize capital expenditures as deductible repair and maintenance costs should be aware of the guidance in the ATG.
Thus, this policy will consider only initial purchase cost, cost of capital, major maintenance cost, opportunity cost, and opportunity cost due to catastrophic failure.
The first solution to this problem was to add funding to the contract to cover the change in maintenance costs. The contracting office made the determination that this was not an acceptable solution and that KAFB could not add non-energy-related funds to ESPC.
The MMS software provides: * Equipment and component identification and inventory; * Equipment and major component tracking; * Work order creation and tracking; * Backlog status; * Job masters; * Job scheduling; * Collection of equipment operating units (hours, tons, feet, etc.); * Equipment and component maintenance history recording; * Maintenance cost collection material and labour; * Preventive maintenance scheduling (by specified criteria); * Lubrication scheduling (by specified criteria); * Spare parts catalogue; * Tyre tracking and costing; * Fuel and lubrication tracking; * User custom applications programme; * On-line, on request reporting of all maintenance data.
A Regular maintenance is the key to reducing life-time maintenance costs. If maintenance cost is a criteria in the initial purchase decision of a compressor then the Client must look outside the box.
"This lean approach revolutionized the programmed depot maintenance lines for F-15 [Eagle] and C-5 [Galaxy] aircraft, generating dramatic payback for the warfighter in the form of reduced repair time, increased on-time return of aircraft to the field, and lower maintenance cost," according to a news release from the deputy undersecretary for advanced systems and concepts.
He pointed out that the mill's maintenance efforts focus on permanent solutions, not just direct maintenance costs. "When you fund corrective actions, you have a different type of maintenance cost.
(It takes time to assess such effects and get good, defensible data.) For the C-5 there was a reduction in repair costs of 56 percent and a reduction in total corrosion maintenance cost of 53 percent.
* Mills incurred operating and maintenance cost increases of approximately US$ 8 per ton when using recovered paper from single stream programs.

Full browser ?