Most equipment failures have no relationship to length of time in-service. Only about 15% to 20% of equipment failures are age related, and the remaining 80% to 85% are totally unpredictable.
If you detect a future failure early, you can plan and do the repair cost effectively before a breakdowns occurs. This technique is known as Condition Based Maintenance (CBM). Write an essay detailing the CBM strategies and justify why CBM is preferred over other well-known maintenance techniques.
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