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Maintenance Costs Reduction

Authored by Wilson Chia

Professional Development

Professional Development

Used 2+ times

Maintenance Costs Reduction
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary goal of maintenance cost reduction?

Increasing downtime

Reducing production capacity

  • Minimizing expenses while maintaining equipment reliability

Expanding equipment inventory

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which maintenance strategy is most effective for reducing long-term maintenance costs?

Corrective Maintenance

Preventive Maintenance

Predictive Maintenance

Reactive Maintenance

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a common approach for reducing spare parts costs?

Increasing the quantity of spare parts stored

  • Establishing relationships with multiple suppliers

  • Standardizing parts across equipment types

Only purchasing parts when needed

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a good practice for reducing maintenance labor costs?

  • Scheduling maintenance during peak production hours

  • Performing equipment checks only when problems occur

  • Performing routine maintenance tasks according to a fixed schedule

Ignoring minor equipment issues to focus on major repairs

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Strategic Business Unit (SBU) is _________

Focus is on fixing issues, minimize downtime

Budget-Driven

Seen as a cost center

Focuses on asset reliability, energy savings, and productivity

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

______ is the Unseen Maintenance Expenses That Hurt Profitability

Maintenance Supplier’s Cost

Hidden Maintenance Cost

Maintenance Staff Cost

Maintenance Attitude Cost

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Horizontal Benchmarking is benchmarking on __________

Asset groups

Technician teams or shifts

Production lines or equipment types

Sister plants in other regions

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