Maintenance Planning Flashcards
Define cost estimate.
An estimate that tells you expected costs for the item on which you are working.
Define time estimate.
A calculated approximation of how long the job will take to complete.
True or false, estimating the length of time that a job should take does not involve any calculations. It is only a guess?
False.
Each job has a start time and an end time.
An estimate that identifies the price expected for the job to be done is a:
Cost estimate.
An estimate that identifies the hours expected for the job to be done is a:
Time estimate.
Define purchasing.
The act of buying.
Define price quote.
Usually a guaranteed purchase price.
Define firm quote.
A price quote that means you will pay that exact amount.
Define P & D.
Price and delivery.
Define back order.
When the supplier does not have a part in stock and he or she orders it from his or her own supplier (such as a central warehouse).
Define preventive maintenance.
Work done to prevent costly repairs at specific scheduled times, even if the machine may be operating normally.
Define predictive maintenance.
A program of monitoring, measuring and analyzing results in order to predict the wear rate and expected repair schedule for machinery.
Describe reactive maintenance.
A method of repairing machinery only after it can no longer function properly.
Root cause analysis involves:
Determining why machinery failed.
Which statement regarding equipment critical to production describes the ratio between amount of equipment to amount of maintenance cost?
20% of equipment needs 80% of the attention.