Preventative Maintenance (PM) Optimization uses the results of a Reliability Distribution Analysis to measure the optimum time to perform a Planned (Restorative) Maintenance (PM) procedure on a piece of equipment. PM optimization does not calculate minor maintenance schedules but determines the optimal time to perform major repairs or replace a piece of equipment to there is a minimal amount of cost and risk. PM optimization is only valid for wear-out failure modes and will not give accurate results for a Weibull analysis where Beta is less than 1.
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