Which of the following is a provision of the Sarbanes-Oxley Act of 2002?
As the maintenance manager at a new plant (facility) you are developing the maintenance workforce strategy for start-up. Select the best workforce attributes for maximum effectiveness, assuming that unit labor costs are equal?
Options
All personnel, salaried and hourly, direct and indirect, who are responsible for executing work assignments pertaining to the maintenance of physical assets and components
defined as the cost that would be incurred, in today's dollars, to replace the facility and equipment in its current configuration. → Replacement Asset Value (RAV)
all internal maintenance labor costs, including benefits and both straight time and overtime, for all direct and indirect maintenance employees
Total Maintenance Cost per RAV (%) = [Total Maintenance Cost ($) ×
100] ÷ Replacement Asset Value ($) → Total Maintenance Cost As a Percent of Replacement Asset Value (RAV)
(%) = (Preventive Maintenance Hours ÷ Total Maintenance Labor Hours) × 100
The metric is the value of maintenance, repair and operating materials (MRO) and spare parts stocked on site to support maintenance, divided by the Replacement Asset Value (RAV) of the assets being maintained at the plant, expressed as a percentage
(%) = [Business Benefits ($) ÷ Training Cost ($)] × 100
the average length of operating time to failure of a nonrepairable asset or component, i.e., light bulbs, rocket engines
A set of interrelated or interacting elements. In the context of dependability, a system will have the following: a defined purpose expressed in terms of required functions, stated conditions of operation and defined boundaries.