Maintenance Excellence: Optimizing Equipment Life-Cycle Decisions

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Maintenance Excellence: Optimizing Equipment Life-Cycle Decisions

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This book is just one of several titles in the category MRO (Maintenance, Repair, and Operations). More titles like this book may be found here.

by: John Campbell

Topics include: optimal preventive replacement age, expected replacement cost, optimal replacement age, physical asset management, preventive replacements, maintenance excellence, maintenance tactics, enterprise asset management, equivalent annual cost, optimal replacement policy, maintenance optimization, computerized maintenance management systems, failure replacement, maintenance decisions, repeat jobs, total downtime, median ranks, proactive maintenance, reliability management, age replacement, scheduled outages, replacement interval, replacement decisions, total expected cost, equipment effectiveness

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Examines the strengths and weaknesses of traditional Reliability-Centered Maintenance (RCM), including comparisons of aircraft vs. military vs. industrial, functional vs. hardware, and classical (thorough) vs. streamlined and "lite" versions

Provides a framework for achieving reliable equipment, establishing the economic life of physical assets, optimal inspection policies, and appropriate resource levels

Highlights Balance Scorecard and shaft-alignment case history as effective examples for strengthening performance at macro and micro levels

Discusses critical functions of Computer Maintenance Management Systems (CMMS) and Enterprise Asset Management (EAM) systems, and key selection and implementation criteria

Describes fundamentals of maintenance, repair, and operations (MRO) materials and develops a five-step cycle procurement process

Considering maintenance from a proactive, rather than reactive, perspective, Maintenance Excellence details the strategies, tools, and solutions for maximizing the productivity of physical assets-focusing on profitability potential. The editors address contemporary concerns, key terms, data requirements, critical methodologies, and essential mathematical needs. They present maintenance in a business context, review planning, measurement, feedback, and techniques related to cost, efficiency, and results, and summarize applications of tools and software from statistics and neural networks to cost-optimized models.


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