Analyze the information below, using the theory of breakdown and preventive maintenance, justify why the Automated Conveyor Belt must be put on Preventive Maintenance Schedule and not a Breakdown schedule

Asset: Automated Conveyor Belt Corrective / Breakdown Preventative Maintenance Maintenance Breakdowns per year 3 1 Labour Costs per breakdown Parts costs per breakdown Downtime cost per breakdown Yearly cost of preventive maintenance 120 120 50 50 500 500 260 Labour costs tied to PM 100 Parts costs tied to PM 30 TOTAL COSTS 2,010 1,060 SAVINGS: 950 COST REDUCTION: 52.74% ROI: 265.38%