Recently, production equipment plays the more important role in manufacturing. Therefore, production equipment management is essential to success in the management of production processes. In fact. Approaches for production equipment management such as TPM (Total Productive Maintenance) are being developed and widely applied. However, as it is not clear how much those approaches contribute to improvement of a financial constitution of a company, thee effects of the activities are ambiguous. This paper examines direct and related effects of production equipment management and identifies relations between the effects, decision-making items and financial indices. A structural model of the relations is established using the association diagram and the Interpretive Structural Modeling (ISM) method. Based on this model, in addition, the paper studies variation of financial indices and improvement effects of production equipment management qualitatively. The proposed model makes it possible to understand financial effects of the production equipment management and to evaluate the effectiveness of its management from the view points of a financial constitution. The paper gives a guideline to a systematic planning of production equipment management.
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