PRAXEOLOGICAL CONCEPTUALIZATION OF THE EFFICIENCY OF A MANUFACTURING COMPANY IN THE CONTEXT OF TPM IMPLEMENTATION

Abstract

The research problem described in this article concerns the impact of implementing the Total Productive Maintenance concept on the efficiency of the manufacturing company in the process industry. The concept of efficiency used in this publication is considered through the prism of effectiveness and thriftiness, and the mutual relations of both these entities. Such an approach is consistent with the praxeological approach to business efficiency. The use of statistical inference methods demonstrates the positive impact of implementing the Total Productive Maintenance concept on the efficiency of the studied manufacturing plant.