While breakdowns occur randomly, their frequency is somewhat predictable through such tools as the product failure rate, MTBF, and the breakdown costs model.

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Operations Management 101 Practice Test: Maintenance and Reliability Decisions — practice the complete quiz, review flashcards, or try a random question.

Maintenance and reliability are important aspects of operations management. Reliability is the likelihood that a machine or system will function properly. Maintenance management can improve the reliability and operational performance of manufacturing and facilities equipment.  Here are some maintenance and reliability decisions: Preventive maintenance: A critical component of reliability and operational excellence. Predictive maintenance: Focuses on maintaining equipment based on its known condition. Maintenance strategy: A decision process that ensures the most effective maintenance... Show more

While breakdowns occur randomly, their frequency is somewhat predictable through such tools as the product failure rate, MTBF, and the breakdown costs model.