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If the speculator's predictions prove correct,the speculator will make a profit of
Employee Involvement
The practice of involving employees in decision-making and problem-solving processes within an organization, to enhance commitment and productivity.
Preventive Maintenance
Maintenance activities performed regularly on equipment to reduce the likelihood of it failing, focusing on preventing problems before they occur.
Optimal Maintenance Policy
is a strategy developed to ensure that equipment and facilities are kept in the best possible condition, balancing costs and benefits to achieve the most efficient and effective maintenance operations.
Preventive Maintenance
Scheduled maintenance tasks performed on equipment and machinery to prevent unexpected breakdowns and ensure smooth operation.
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