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In the Late 1940s, Clement Atlee and the Labour Party

question 70

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In the late 1940s, Clement Atlee and the Labour Party enacted reforms that created


Definitions:

Preventative Maintenance

A maintenance strategy involving regular, routine checks, servicing, and repairs to prevent potential problems and ensure equipment continues to operate efficiently.

Breakdown Cost

The expenses incurred when a machine or system fails, including repair costs, lost productivity, and potential penalties for delayed deliveries.

Likelihood of Breakdown

The probability or chance that a system or component will fail to perform its intended function.

Component Reliability

A measure of the likelihood that a component will perform its required function under specified conditions for a certain period without failure.

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