Maintenance Productivity Measurement: Case Study of a Manufacturing Company
This research involves measuring maintenance productivity and seeks to measure how maintenance of equipment affects the overall productivity of the company. The Stewart Utility Concept was used along with a scaling factor. Performance measures were identified and their values were obtained. Five productivity ratios were employed to obtain the overall maintenance productivity. Results from the graphs showed that Equipment Availability was 78.32%; Emergency Failure Intensity Ratio was 28.4%; Maintenance Cost Component was 32.39/btl; Cost of Maintenance hour was N125, 081/hr; Routine Service Worked was 92.03% and Cost of Reduction was 5.32hr/N. The overall maintenance productivity of the period under review was fairly good though there is room for improvement. Average overall maintenance productivity was found to be 63.2%. This is an indication that there were evaluations and review of maintenance productivity within the period.