Here's the way that I was trained back in the day.
Each model machine was rated to run x-amount of pages between service calls. This number was based on the service history of the machine in our company.
Example; If the Kyocera was rated to run 20,000 pages between service calls and it only ran 10,000 between calls, then I would get a 50% grade on that machine because it only ran half of what it was supposed to do.
I said all that to say this, I would use my judgement and if I thought the machine would run 20k more pages without a service call, then I'm not replacing anything because it would be a waste of money.
I should throw a stipulation in there: If the customer is running 10k pages per week, then I'm doing a PM. No use going back in 2 weeks.
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