Assume your equipment is operated 300 workdays for 16 hours per day and with a known MTBF of 240 hours. Failure costs are estimated at $12,000 per failure.  A PM option would cost $750 per scheduled routine.  Could you justify the PM program if performing the PM routine every 100 hours reduces the number of failures by 50% ?   What are the net savings of adopting the PM program?

Automotive Technology: A Systems Approach (MindTap Course List)
6th Edition
ISBN:9781133612315
Author:Jack Erjavec, Rob Thompson
Publisher:Jack Erjavec, Rob Thompson
Chapter2: Workplace Skills
Section: Chapter Questions
Problem 1RQ: Which of the following is not a recommended step for accurate diagnosis of a problem? Gather as much...
icon
Related questions
Question

Assume your equipment is operated 300 workdays for 16 hours per day and with a known MTBF of 240 hours. Failure costs are estimated at $12,000 per failure.  A PM option would cost $750 per scheduled routine.  Could you justify the PM program if performing the PM routine every 100 hours reduces the number of failures by 50% ?  

What are the net savings of adopting the PM program?

 

AI-Generated Solution
AI-generated content may present inaccurate or offensive content that does not represent bartleby’s views.
steps

Unlock instant AI solutions

Tap the button
to generate a solution

Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Automotive Technology: A Systems Approach (MindTa…
Automotive Technology: A Systems Approach (MindTa…
Mechanical Engineering
ISBN:
9781133612315
Author:
Jack Erjavec, Rob Thompson
Publisher:
Cengage Learning