When both reliability and maintainability are applied to improve performance of manufacturing machinery and equipment, they directly impact a company's competitive position. Providing practical methods and measurable results, this comprehensive book is an authoritative review of the theory and practical application of Reliability and Maintainability (R&M) applied specifically to manufacturing machinery and equipment. It communicates to people at all levels within the manufacturing community the principles and methods that can eliminate failure modes, increase equipment availability, and decrease maintenance costs. Everyone from product and process designers to tooling and equipment suppliers to component suppliers to operations and maintenance managers will benefit from this extensive guide. It provides in-depth technical information in an easy-to-understand manner. It supplements practical applications with real-world examples; and offers a good balance between theory and practice. It contains numerous illustrations, helping to clarify discussions.