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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