An Introduction to Predictive Maintenance 2nd Edition

Maintenance costs are a major part of the total operating costs of all manufacturing or production plants. Depending on the specific industry, maintenance costs can represent between 15 and 60 percent of the cost of goods produced. For example, in foodrelated industries, average maintenance costs represent about 15 percent of the cost of goods produced, whereas maintenance costs for iron and steel, pulp and paper, and other heavy industries represent up to 60 percent of the total production costs.