Answer:
Level of repair analysis (LORA)
Explanation:
Level of repair analysis (LORA) is used by businesses to determine the optimal time for repair, replacement, or discarding of an aseet.
It takes into consideration cost of the proposed activity and operational readiness or availability outcomes of the business.
For example when a production process contains many assemblies LORA is a great way to provide prompt replacement or disposal of parts that could adversely affect performance.
Since optimal performance is being attained in production process, it will result in a cost-effective preventative maintainence program
