Life cycle maintenance management

Today’s manufacturing has become increasingly dependent upon facilities with the advances of automation and integration of manufacturing systems. This leads to a growing concern about the effectiveness of the facility, because this is a critical factor for achieving high productivity and quality. The effectiveness of a facility should be assessed not only in terms of its functionality available at each point in time but also in terms of the available period of time. The life cycle effectiveness of a facility, F E can be defined by the following equation.