MAINTENANCE COST VS. OVERALL OUTPUT VALUE
Ratio of total maintenance cost vs. value / volume of output
Maintenance Cost vs. Overall Output Value is a measure of the ratio of total maintenance costs to the value or volume of output within a maintenance department. It is an important metric for organisations to track, as it helps them understand the impact of maintenance costs on their overall financial performance.
A high Maintenance Cost vs. Overall Output Value ratio may indicate that the organisation is incurring high maintenance costs relative to its output. This may be due to inefficient maintenance practices, over-maintenance, or a high frequency of equipment failures.
