Level Of Repair Analysis with Lucas Marino
Most of the organizations in the maintenance and reliability industry have limited resources and they want to make the best use of what they have got. If the maintenance requirements of an organizations don’t match its resources, it is always going to result into an increased cost and decreased employee performance. The type of maintenance that an asset required throughout its life cycle needs to be performed in a balanced way. That’s why it is so important to have a maintenance philosophy when you are planning the life cycle cost of an asset. Level of Repair Analysis or LORA is a framework that helps you manage between maintenance cost and resources.
In this episode, we covered:
- What is LORA?
- How to start using LORA!
- The value of having a maintenance philosophy!
- And much more!