When I attend conferences and workshops and read articles on maintenance and reliability, more and more I hear people touting that preventive maintenance is more costly and not the right approach. When we talk about preventive maintenance, we are primarily talking about time-based inspections, but it can include overhauls/rebuilds as well. But before we take statements like these as the gospel and apply them carte blanche to all of our equipment, we need to understand the basis for that reasoning and when to apply it.
See more at: http://www.reliableplant.com/Read/28529/risk-equipment-maintenance
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