Analytical evaluation of TPM performance based on an economic criterion

Abstract

PurposeTotal productive maintenance (TPM) has been widely recognized as a strategic weapon for improving manufacturing performance. Evaluate efficiency of TPM implementation is considered as a key element in order to motivate staff and to give decision-makers more confidence.Design/methodology/approachThis study consists in developing a new method of evaluating TPM implementation, relying on analytical models and considering two preventive maintenance strategies: periodic and age-dependent.FindingsThe preventive maintenance period and TPM period defined as decision variables are obtained simultaneously by maximizing the expected profit under TPM implementation. A numerical example is presented and a sensitivity study is developed to validate the proposed models.Originality/valueThe aim of this research is to quantify, through analytic development, the impact of TPM implementation in a company by calculating and comparing the profit made with and without TPM.