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Identify the ways in which Total Productive Maintenance (TPM) could be applied as part of a manufacturing organisation's quality programme.
Organisational quality programmes
A manufacturing organisation's quality programme is likely to include the continuous improvement of all its operations including production time, quality and costs. Commonly used tools and methods include Kaizen, Six Sigma and Total Productive Maintenance (TPM).
Total Productive Maintenance
Total Productive Maintenance includes the planning and implementation of a systematic maintenance programme for all machines and equipment. This should contribute towards a manufacturing organisation's operations by maintaining (and hopefully increasing) productivity and quality by:
This should lead to:
Spencer Inc. has the following information for the current year: Net income = $600; Net operating profit after taxes (NOPAT) = $500; Total assets = $4,000; Short-term investments =
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