Professional Documents
Culture Documents
equipment utilization
equipment downtime
MTBF—equipment mean time between failure
MTTR—equipment mean time to repair
Both types of systems usually include purchasing,
procurement, inventory management, as well as
equipment, parts, and asset tracking. They also can
schedule preventive maintenance and manage these
activities as well as unplanned maintenance. These
products are designed to plan production work around any
maintenance issues to optimize production.
Maximize
infrastructure
useful life and
return on assets
Asset Not typically an Asset
Assemblies or parts of classified Run to fail assemblies – non
as critical to systems critical to systems