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  2. Corrective maintenance - Wikipedia

    en.wikipedia.org/wiki/Corrective_maintenance

    Inflight maintenance checklist procedure before starting waste collection system repair on board the Atlantis shuttle. Corrective maintenance is a maintenance task performed to identify, isolate, and rectify a fault so that the failed equipment, machine, or system can be restored to an operational condition within the tolerances or limits established for in-service operations.

  3. Mean time to repair - Wikipedia

    en.wikipedia.org/wiki/Mean_time_to_repair

    For example, a system with a service contract guaranteeing a mean time to "repair" of 24 hours, but with additional part lead times, administrative delays, and technician transportation delays adding up to a mean of 6 days, would not be any more attractive than another system with a service contract guaranteeing a mean time to "recovery" of 7 days.

  4. Optimal maintenance - Wikipedia

    en.wikipedia.org/wiki/Optimal_Maintenance

    Optimal maintenance is the discipline within operations research concerned with maintaining a system in a manner that maximizes profit or minimizes cost. Cost functions depending on the reliability , availability and maintainability characteristics of the system of interest determine the parameters to minimize.

  5. Reliability-centered maintenance - Wikipedia

    en.wikipedia.org/wiki/Reliability-centered...

    Reliability-centered maintenance (RCM) is a concept of maintenance planning to ensure that systems continue to do what their users require in their present operating context. [1] Successful implementation of RCM will lead to increase in cost effectiveness, reliability, machine uptime, and a greater understanding of the level of risk that the ...

  6. Risk-based inspection - Wikipedia

    en.wikipedia.org/wiki/Risk-based_inspection

    RBI assists a company to select cost effective and appropriate maintenance and inspection tasks and techniques, to minimize efforts and cost, to shift from a reactive to a proactive maintenance regime, to produce an auditable system, to give an agreed-upon operating window, and to implement a risk management tool. The purposes of RBI include:

  7. Elon Musk calls for 'deleting' the Consumer Financial ... - AOL

    www.aol.com/finance/elon-musk-calls-deleting...

    President-elect Donald Trump listens to Elon Musk as he arrives to watch SpaceX's mega rocket Starship lift off for a test flight from Starbase in Boca Chica, Texas, Tuesday, Nov. 19, 2024.

  8. Maintenance philosophy - Wikipedia

    en.wikipedia.org/wiki/Maintenance_philosophy

    Maintenance is a form of risk management that is required if and only if an item fails to satisfy the minimum level of specification performance when the items or system is required. Maintenance is optional and may not be required if the partially failed item still satisfies the minimum level of specification performance or if the item is not ...

  9. CEO turnover reaches record levels in 2024 as 'increasing ...

    www.aol.com/finance/record-number-ceos-heading...

    The end of the holiday weekend added two fresh examples of a historic shift on Wall Street: More CEOs than ever are heading for the exits. Over the past 24 hours, the leaders of chipmaker Intel ...

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