EQUIPMENT MAINTENANCE AND PRODUCTION OPTIMIZATION OF ROAD CONSTRUCTION FIRMS IN RIVERS STATE
Keywords:
Maintenance, Obsolescence, Original Investment, ReplacementAbstract
Organizations are in the pursuit to increasing productivity in the maximization of its goals and objectives, thus it is partly tied to the efficient utilization of operational equipment. This study carefully examined maintenance options and how it contributed to production optimization in the four (4) road construction firms in Rivers State, Nigeria. The study adopted a correlational statistical tool to test hypotheses stated by means of questionnaires derived from two hundred and eighty five (285) sample size. Findings revealed that, there was a positive significant correlation on both predictor and criteria variables of the study at the least measure of 0.58 - 0.73 strong. Recommendations was advance that the production unit of the firm should at regular period effect cost efficiency measures through equipment maintenance structure; and the study was concluded as seeing maintenance as a reliable technique for ensuring and deriving optimal utile among studied firms.