The "full cost view of maintenance" results in more firms choosing a policy of breakdown maintenance, when compared to the "traditional view of maintenance."

Full Cost View

An accounting approach that considers all direct and indirect costs involved in producing a product or service.

Breakdown Maintenance

Remedial maintenance that occurs when equipment fails and must be repaired on an emergency or priority basis.

Traditional View

A perspective that prioritizes established practices and views, often resistant to change and innovation in various contexts.