Suppose a 10-hp motor fails. This doesn’t sound like a big deal. A 10-hp motor is relatively inexpensive. So you replace it. But suppose that motor is critical to a production bottleneck that produces $650,000/hr of revenue. Now that 10-hp motor failure sounds like a big deal.
Look Beyond the Obvious
Think about the cost of production loss so you know when to spend more time ensuring the repair solves the failure cause.