This document discusses maintenance and methods for tracking losses and overcoming losses through proper maintenance activities. It defines maintenance as actions to retain or restore equipment to its maximum useful life. The three main types of maintenance are preventive, breakdown, and corrective. Preventive maintenance includes periodic and predictive maintenance. Periodic maintenance involves spare part replacement on a predefined schedule, while predictive maintenance uses equipment like bearing meters to determine condition-based maintenance. Metrics like mean time between failure (MTBF) and mean time to repair (MTTR) are discussed to measure equipment reliability and maintainability. Uptime is also defined as a percentage measure of up-time without downtime.