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What type of maintenance program approach involves conducting maintenance tasks on a set schedule to keep failures from happening?
Financial Performance Measures
Metrics used to evaluate an organization's financial health, including profitability, liquidity, and solvency ratios.
Set-up Time
The amount of time required to prepare a machine, process, or system for a manufacturing or production run.
Non-financial Measure
Performance measures that are not expressed in monetary units but rather in terms of physical units, percentages, indexes, or any other non-monetary metrics.
Customer Satisfaction Rating
A measure, often expressed as a percentage or scale, of the degree to which customers are happy with a product or service.
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