Cost of Ownership: The Value of Maintenance Activity Tracking and Verification

Production vs. downtime
 
What is your plant’s “Fault Tolerance” level? Fault Tolerance is rated by operational percentage of up-time vs. downtime. What can and should you be doing to create a larger percentage of Fault Tolerance? What does it cost to have your system or parts of your system down for an hour, a day, a week? What is your standard acceptable downtime in a day, week, month, and year? Does your downtime exceed your standard?
 
In recent years, this industry has seen a new wave of automated technology. Faster production times and fewer ...

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