Written for anyone who is considering implementing or currently using TPM or looking for ways of improving their current process, the second edition focuses on the financial approach to the subject-a methodology that produces quantifiable results allowing a TPM program to be sustainable. Completely revised and updated, this classic reference is the most flexible and comprehensive approach documented to date. Additionally, it offers a significant amount of new material, such as: 1. Various case studies that show how to explain the value of OEE to everyone in the organization from the senior executive to the shop floor personnel. 2. OEE discussions showing how to dollarize results and present the financial terms to executive financial personnel. 3. A clarification of the goals and objectives of TPM, allowing TPM Champions to clearly present a TPM business case to their organizations.4. The pitfalls that may be encountered during TPM implementation and how to avoid or correct these problems.