Equipment Maintenance Management in Manufacturing Companies: An Application for Total Maintenance Costs Model

Abstract

In production facilities, uninterrupted operations depend on the equipment's ability to perform without any problem. Therefore, maintenance activities are an issue that must be managed within the goals of production companies. Effective management of equipment maintenance directly affects operating performance. On the other hand, maintenance operations involve costly activities. The cost dimension is a critical consideration about maintenance unless the cost-benefit analysis is done correctly by the enterprises. However, there could be more costly situations when the problems are revealed by inadequate maintenance. In this study, total maintenance costs were examined to manage equipment maintenance. The maintenance activities of a company were analyzed the total maintenance costs model was applied.