George LaDuc is the manager of a nonprofit agency that provides transportation for parents of children with life-threatening diseases. Each year the prices of necessities such as groceries, housing, and electricity continue to rise, but LaDuc's salary stays the same. LaDuc's is being eroded by his stagnant salary and increasing prices.

George LaDuc is the manager of a nonprofit agency that provides transportation for parents of children with life-threatening diseases. Each year the prices of necessities such as groceries, housing, and electricity continue to rise, but LaDuc's salary stays the same. LaDuc's _purchasing power is being eroded by his stagnant salary and increasing prices.

Explanation:

LaDuc's purchasing power is the value of the dollar expressed in relation to the quantity of goods or services that his income can buy.  This value can be eroded by stagnant salary and increasing inflation rate.  This means that the purchasing power of La Duc depends not on his income but on the quantity of goods and services that he can buy with the income.

step 1: create a plan

step 2: inventory facility equipment/assets

step 3: create preventive maintenance procedures

step 4: create preventive maintenance schedules

step 5: train your maintenanceteam

step 6: analyze – adjust - improve

or

step 1 – pm procedure design: doing the effective things

step 2 – pm procedure scheduling: efficient use of people and resources

step 3 – pm lubrication engineering

step 4 – pm training: back on the chain gang

step 5 – pm program management plan

step 6 – communicate, communicate, communicate