Template-type: ReDIF-Article 1.0
Author-Name: Michael Schenk
Author-Email: michael.schenk@iff.fraunhofer.de
Author-Workplace-Name: Fraunhofer Institute for Factory Operation and Automation IFF  Magdeburg
Author-Name: Frank Ryll
Author-Email: frank.ryll@iff.fraunhofer.de
Author-Workplace-Name: Fraunhofer Institute for Factory Operation and Automation IFF_ Magdeburg
Title: Empirically Based Asset Management Decision Support for Reliable and Cost Effective Asset Operation
Abstract: This article describes a method that supports asset management decision making so that complex technical assets are operated reliably and cost effectively. It focuses on improving the foundations of planning applied to formulate condition-based maintenance strategies. To this end, it presents a novel empirically based method for determining wear allowances in technical assets. The parameter of wear allowance is referenced to quantify current condition and anticipated changes of condition as a function of asset utilization.
Classification-JEL: M41,  G12
Keywords: 
Pages: 69-76
Number: 02
Volume: 6
Year: 2010
File-URL: http://tmp.gtk.uni-miskolc.hu/volumes/2010/02/TMP_2010_02_10.pdf
File-Format: application/pdf
Handle: RePEc:mic:tmpjrn:v:6:y:2010:i:02:p:69-76