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The Role of Maintenance in Reducing Costs related to Machine Failure: A Case Study of Saniak Company Setif

Author

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  • Messaoud Bouiban

    (Larbi Ben M'hidi University, Oum El Bouaghi (Algeria))

Abstract

The objective of this study is to display the role of continuous maintenance of the machines in reducing the various costs associated with machine failure in order to maintain the level of productivity by respecting the delivery times and providing the appropriate quantities, and this is reflected positively on the profitability and reputation of the institution. The study concluded that the continuous maintenance of machines is considered more than necessary in the institution to reduce the cost of machine failure and their consequences to avoid falling into the problem of lack of productivity on the one hand, and on the other hand, continuous maintenance avoids the institution to bear large sums of money in the purchase of new machines and the risk of loss of customers.

Suggested Citation

  • Messaoud Bouiban, 2019. "The Role of Maintenance in Reducing Costs related to Machine Failure: A Case Study of Saniak Company Setif," Management & Economics Research Journal, Faculty of Economics, Commercial and Management Sciences, Ziane Achour University of Djelfa, vol. 1(2), pages 61-72, June.
    • Handle: RePEc:alv:journl:v:1:y:2019:i:2:p:61-72
    DOI: 10.48100/merj.v1i2.30
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    More about this item

    Keywords

    Machine Maintenance; Costs Productivity; Saniak Company Setif;
    All these keywords.

    JEL classification:

    • H21 - Public Economics - - Taxation, Subsidies, and Revenue - - - Efficiency; Optimal Taxation
    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • M11 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Production Management

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