Total cost of ownership

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TPM

Identify two companies in unrelated industries that use TPM approaches to ensure reliability in the products or services that they sell, and create a report responding to the following questions:

What are the activities that they do under their TPM programs?

What similarities do you notice between the approaches of the two companies? What differences do you identify?

What is the importance of reliability in a production environment?

How does TPM relate to Total Cost of Ownership (TCO)?

Identify any elements of the 5S approach that you see in the TPM activities of the two companies.

Reference no: EM133063698

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