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Machines only Stop Working after their Parts Fail
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Machines only Stop Working after their Parts Fail
The level of care given to an equipment item depends directly on the size of business risk if it fails. Reduce the chance of its failure and you increase its reliability. It becomes vital to know the full range of risks each part within an equipment item will suffer. The right asset management strategy starts by knowing which parts are at risk and it is completed when the necessary actions to prevent all failures are in use. Asset Management tha…
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