Question: Each factor is analyzed for its impact on plant efficiency and compliance with industry standards. In process optimization, inventory control maintenance management we used to

Each factor is analyzed for its impact on plant efficiency and compliance with industry standards.
In process optimization, inventory control maintenance management we used to ensure that necessary parts are
available when need, while not overstocking them. This will help reduce maintenance cost, worker and
equipment downtime, and improves the productivity/ performance. Inventory control models such as, Economic
Order quantity model=
, Production Order Quantity Model=
, and Quantity Discount
Model=
, we used to decrease maintenance costs

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