Maintenance Decision Making


Book Description

Over the last decades maintenance management has evolved from a somewhat neglected function into a full-fledged business function in the industry as well as in the service sector.This book provides a structured approach to maintenance management. It covers maintenance strategy decisions, resource management, assessment system design, etc. Decision support models and tools in these areas are discussed from the theoretical point of view and illustrated by numerous examples and case studies.Due to its concept the book can be interesting for students as well as practitioners.This book is the successor of Maintenance Management (2000), which gave an introduction in the field.




The Maintenance Management Framework


Book Description

“The Maintenance Management Framework” describes and reviews the concept, process and framework of modern maintenance management of complex systems; concentrating specifically on modern modelling tools (deterministic and empirical) for maintenance planning and scheduling. It will be bought by engineers and professionals involved in maintenance management, maintenance engineering, operations management, quality, etc. as well as graduate students and researchers in this field.




Optimum Decision Making in Asset Management


Book Description

Asset management is becoming increasingly important to an organization’s strategy, given its effects on cost, production, and quality. No matter the sector, important decisions are made based on techniques and theories that are thought to optimize results; asset management models and techniques could help maximize effectiveness while reducing risk. Optimum Decision Making in Asset Management posits that effective decision making can be augmented by asset management based on mathematical techniques and models. Resolving the problems associated with minimizing uncertainty, this publication outlines a myriad of methodologies, procedures, case studies, and management tools that can help any organization achieve world-class maintenance. This book is ideal for managers, manufacturing engineers, programmers, academics, and advanced management students.




On the process of maintenance decision-making in the offshore operational environment of the oil and gas industry


Book Description

The overall objective of this research is to develop a decision support framework for preventive maintenance program implementations in the offshore operational environment of the oil and gas industry. The author investigates the problems surrounding the maintenance decision-making process, which elements are systematically identified and categorized, including organizational aspects. The interface with operations is considered in order to promote integration between maintenance and production schedules. The research subjacent objectives have been to identify, among major oil and gas offshore operators, the state-of-practices regarding the maintenance decision-making process and identify, in the literature, the main techniques used for maintenance decisions and optimization in order to propose alternatives for supporting future implementations. Through a Systems Engineering approach, assisted by a literature review, interviews with experts (in Norway and in Brazil), an on-line survey and case studies, the results of this research complement a toolkit for maintenance engineers and managers aiming to facilitate information sharing and interdisciplinary cooperation in the operational environment. Among the results: A concept map for the maintenance decision-making process ontology; A plan for PM program implementations; The suggested cross-sector solution: the minimum equipment list; A Markovian dependability nomogram; and A Markov decision model application.







Maintenance, Modeling and Optimization


Book Description

Production costs are being reduced by automation, robotics, computer-integrated manufacturing, cost reduction studies and more. These new technologies are expensive to buy, repair, and maintain. Hence, the demand on maintenance is growing and its costs are escalating. This new environment is compelling industrial maintenance organizations to make the transition from fixing broken machines to higher-level business units for securing production capacity. On the academic front, research in the area of maintenance management and engineering is receiving tremendous interest from researchers. Many papers have appeared in the literature dealing with the modeling and solution of maintenance problems using operations research (OR) and management science (MS) techniques. This area represents an opportunity for making significant contributions by the OR and MS communities. Maintenance, Modeling, and Optimization provides in one volume the latest developments in the area of maintenance modeling. Prominent scholars have contributed chapters covering a wide range of topics. We hope that this initial contribution will serve as a useful informative introduction to this field that may permit additional developments and useful directions for more research in this fast-growing area. The book is divided into six parts and contains seventeen chapters. Each chapter has been subject to review by at least two experts in the area of maintenance modeling and optimization. The first chapter provides an introduction to major maintenance modeling areas illustrated with some basic models. Part II contains five chapters dealing with maintenance planning and scheduling. Part III deals with preventive maintenance in six chapters. Part IV focuses on condition-based maintenance and contains two chapters. Part V deals with integrated production and maintenance models and contains two chapters. Part VI addresses issues related to maintenance and new technologies, and also deals with Just-in-Time (JIT) and Maintenance.




Strategic Maintenance Decision Making Using Real Options


Book Description

Maintenance decisions impact company's costs and profits in various ways. These decisions can be incurred as a part of everyday repairs or heavy replacements or as an investment in future asset or technology. Large corporations with physical assets have maintenance practices to ensure proper operations and to minimize costs. With innovation and development, it is possible to improve the maintenance practices to implement a more effective future technology. These changes may require significant investment decisions, and therefore, it becomes critical for decision-makers to use the best available information with respect to market conditions and potential benefits of every future option under consideration. In this study, condition-based maintenance practice is analyzed in different scenarios, both qualitatively and quantitatively. A strategic maintenance decision for future investment is evaluated using real options approach. The proposed framework is then explored for the airline and trucking industries.







Reliability-centered Maintenance


Book Description

Completely reorganised and comprehensively rewritten for its second edition, this guide to reliability-centred maintenance develops techniques which are practised by over 250 affiliated organisations worldwide.




Advances in Safety, Reliability and Risk Management


Book Description

Covering a wide range of topics on safety, reliability and risk management, the present publication will be of interest to academics and professionals working in a wide range of scientific, industrial and governmental sectors, including: Aeronautics and Aerospace; Chemical and Process Industry; Civil Engineering; Critical Infrastructures; Energy; Information Technology and Telecommunications; Land Transportation; Manufacturing; Maritime Transportation; Mechanical Engineering; Natural Hazards; Nuclear Industry; Offshore Industry; Policy Making and Public Planning.