“…Second is preventive maintenance, where maintenance is performed at regular intervals in order to avoid machine breakdowns (Joo & Min, 2013;Moghaddam & Usher, 2011;Yeh, Kao & Chang, 2009;You, Li & Meng, 2011;Zhao, 2003). Third is predictive maintenance, where the health of the system is continuously monitored using sophisticated equipments and maintenance is performed only when required by the state of the system/machine (Chu, Proth & Wolff, 1998;Costa, Carnero & Oliveira, 2012;Dieulle, Berenguer, Grall & Roussignol, 2001;Hsiao, Drury, Wu & Paquet, 2013;Moya, 2004;Neves, Santiago & Maia, 2011;Silva, Negrao, Junior & Bobi, 2012). In corrective maintenance, the machine/machines is in a highly degraded state, prolonging the maintenance time, while preventive maintenance entails a higher frequency of maintenance, resulting in more than required maintenance, thereby increasing machine down time.…”