Proceedings of the 10th World Congress on Engineering Asset Management (WCEAM 2015)

Name: Proceedings of the 10th World Congress on Engineering Asset Management (WCEAM 2015)
Brand: Springer
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Kari T. Koskinen Helena Kortelainen Jussi Aaltonen Teuvo Uusitalo Kari Komonen Joseph Mathew Jouko Laitinen(Herausgeber*in)

Springer (Verlag)

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Erschienen am 25. März 2016

XVI, 686 Seiten

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Inhalt

Intro
Foreword
Contents
1 Development of Industrial Internet-Related Asset Management Services with Customers
Abstract
1 Introduction
2 Industrial Internet and Related Services as Value Creators
2.1 Exploration of the Value Creation Potential
2.2 Customer Involvement and Capabilities Around Data
3 Research Design
4 Framework for Developing Industrial Internet Enabled Asset Management Services
4.1 Case Specific Findings and Implications for the Framework
4.2 Identification of the Required Information and Knowledge
5 Conclusions
References
2 Maintenance in Real Estate and Manufacturing Industries: Differences, Problems, Needs and Potentials - Four Case Studies
Abstract
1 Introduction
2 Phases of the Study and Description of Case Companies
3 Data Gathering
4 Data Analysis
4.1 Comparison Between Case Companies
4.2 Maintenance Strategies in Manufacturing and Real Estate Industries
4.3 Maintenance Budgeting, Execution and Follow up in Manufacturing and Real Estate Industries
4.4 Maintenance Cost-Effectiveness
4.5 Example: Cost-Effectiveness of Energy Pumps Maintenance
4.6 CBM and DSS to Plan, Execute and Follow up Maintenance Cost-Effectively
5 Results, Conclusions and Discussions
Acknowledgment
References
3 Reducing the Delivery Time in Food Distribution SMEs Using a Multi-agent System
Abstract
1 Introduction
2 Literature Review
2.1 Multi-agent System in the Supply Chain
2.2 Lead-Time
3 Case Study
4 Planning
5 Analysis
6 Design
7 Implementation
8 Results
9 Conclusion
References
4 Stagewise Process Towards Collaborative and Value-Driven Decisions in Maintenance Networks
Abstract
1 Introduction
2 Research Design
3 Realizing the Value Potential of the Maintenance Network
3.1 Identifying and Modelling the Value-Developed Tools
3.2 Three Stages Towards Collaborative and Value-Driven Decisions
4 Conclusions
References
5 Development of the Mathematical Model to Optimise Preventive Maintenance Activities for Service Organisations
Abstract
1 Introduction
2 PM Total Cost Mathematical Model Developments
2.1 Assumptions and Notation
2.2 Diagnosis Cost
2.3 Preventive Maintenance Cost
2.4 Quality Loss Cost
3 Total Cost Model Optimisation
3.1 Illustrative Example
4 Sensitivity Analysis
5 Conclusions
References
6 Management System for Value Improvement of Services Toward Long Term Vision
Abstract
1 Introduction
2 Value Improvement System with Dynamic Variables
2.1 Resources Assignment
2.2 Computation of Value Index of Services
3 Conclusion
Acknowledgement
References
7 A Data Fusion Approach of Multiple Maintenance Data Sources for Real-World Reliability Modelling
Abstract
1 Introduction
2 Information Extraction Methodology
2.1 Data Selection and WON Labelling
2.2 Data Cleaning and Construction of Keyword Dictionary
2.3 Training and Testing of Machine Learning (NB) Algorithm
3 Case Study
4 Conclusion
References
8 Asset Planning Performance Measurement
Abstract
1 Background
2 Literature Review
3 Approach
3.1 Case Study
3.2 Strategy Development and AM Objectives
3.3 Select Performance Indicators
3.4 Test for Line of Sight
4 Results
4.1 Strategy Map and AM Objectives
4.2 Performance Indicators
4.3 Performance Dashboard
4.4 Testing Line of Sight and Balance
5 Discussion
5.1 AM Objectives Within the BSC Perspectives
5.2 Affirmation and Insight
5.3 Line of Sight
5.4 Data Quality
5.5 Effectiveness of the Approach
6 Conclusion
References
9 Evaluation of Internet-of-Things Platforms for Asset Management
Abstract
1 Introduction
2 From Asset Management to Enabling Platforms
3 Asset Management Platform Requirements
4 Platform Evaluation
5 Conclusions
References
10 Requirements and Needs-A Foundation for Reducing Maintenance-Related Waste
Abstract
1 Introduction
2 Problem Background
3 Conceptual Model
3.1 Trade-offs in Maintenance
4 Discussion
Acknowledgements
References
11 The Use of Mobile Technologies and Their Economic Benefits in Maintenance
Abstract
1 Introduction
2 Technology Acceptance and Best Practices
3 The Economic Benefits of Using the Mobile Technologies in Maintenance
4 Industrial Use of the Mobile Technologies
5 Discussion and Conclusions
References
12 Successful Creation of Radical Manufacturing Technology Innovations
Abstract
1 Introduction
2 Success of Radical Innovations in Manufacturing Technologies
3 Emergence of Radical Innovations in Manufacturing Technologies
4 Managing Radical Innovations in Manufacturing Technologies
5 Discussion and Conclusions
References
13 Simulating the Impact of Deferred Equipment Maintenance
Abstract
1 Introduction
2 Related Literature
3 Simulation Model for Optimal Maintenance Actions
3.1 Conceptual Model
3.2 Application Case Description
4 Results and Discussion
4.1 Effects of Implementing Minimal Maintenance Actions
4.2 Effects of Implementing Repair and Corrective Replacement
5 Conclusion
References
14 Improving Online Risk Assessment with Equipment Prognostics and Health Monitoring
Abstract
1 Introduction
2 Enhanced Risk Monitor
3 Prototypical Advanced Reactor Design
3.1 Primary System
3.2 Steam Generator
3.3 Balance of Plant
3.4 Component Degradation
4 Simulation Results
4.1 Model Validation
4.2 Pump Cavitation
5 Summary and Future Work
Acknowledgments
References
15 Agile Asset Management
Abstract
1 Introduction
2 The Barriers
2.1 Language
2.2 Time
2.3 Cost
2.4 Value
3 The Theory
3.1 Agile
3.2 Adapted Application
3.3 Flexibility and Interconnectivity
4 The Practice
4.1 Improvement Project Priorities
4.2 GAP Analysis
4.3 The First Improvement Project
5 Conclusions
References
16 Big Data in Asset Management: Knowledge Discovery in Asset Data by the Means of Data Mining
Abstract
1 Introduction
2 ICT Applications Within Maintenance
3 Big Data and Knowledge Discovery
4 CRISP DM
4.1 A CRISP-DM Approach for Failure Diagnosis of Railway Infrastructure Assets
5 Conclusions: A New Way to Handle the Assets
References
17 Use of Generational Models for Asset Management Strategies in an Australian Metro Rail Organisation
Abstract
1 Introduction
2 The Generational Model
3 Evolution of Generational Model for Asset Management Plans
3.1 The Concept of Four Generational Stages/Levels
4 Application of Asset Class Strategy Generational Model
5 How the Generational Model Aligns to Asset Management Maturity
6 Development of Other Generational Models for MTM
7 What's Next? Moving Forward
Appendix 1-Version 3 of ACS Generational Model
References
18 Inequality Indices Based on the Notion of Shannon-Entropy for the Assessments of Industrial Fleets
Abstract
1 Introduction
2 Brief Literature Review
3 Theoretical Development
3.1 Shannon Entropy and Related Indices
3.2 Approach to the Life Cycle of Industrial Assets
4 Conclusion
References
19 Availability Simulation Based on Pseudo-random Failure Rates: A Case Study on Industrial Process
Abstract
1 Introduction
2 Application of Pseudo-random Failure Rates
2.1 Uncertainty in the Calculation of Service Availability
2.2 Application of Pseudo-random Failure Rates
3 Case Study
3.1 Scenario
3.2 Calculations
3.3 Results
4 Sensitivity Analysis
4.1 Clarifications
4.2 Application to the Case Study
5 Conclusions
References
20 Standards as Reference to Build a PHM-Based Solution
Abstract
1 Introduction
2 On the Role of PHM in Maintenance Evolution. The Necessity of Methodological Proposals
3 Standards Related with PHM Applications. Classification and Practical Use Proposal
3.1 Proposal for a Practical Combined Use of Standards for a PHM-Based Solution
4 Description of Main Analysed Standards
References
21 Adaptive Transient Event Detection for Industrial Applications
Abstract
1 Introduction
2 Related Work
3 Transient Detection Algorithms
3.1 SITRA with Fixed Threshold
3.2 SITRA with Adaptive Threshold
3.3 Linear Prediction-Based Method
4 Evaluation
5 Results
6 Conclusions
References
22 Strategic Asset Information Management: Experiences from Finnish Companies
Abstract
1 Introduction
2 Methodology
3 Results
3.1 AM Strategies and Sustainability
3.2 Collecting AM Related Information
3.3 Analysis and Utilisation of Asset Information
3.4 AM Risks, Roles and Responsibilities, Processes, Information Exchange, and the Quality and Availability of Information
4 Discussion
4.1 AM Strategies and Sustainability
4.2 Collecting AM Related Information
4.3 Analysis and Utilisation of Asset Information
4.4 AM Risks, Roles and Responsibilities, Processes, Information Exchange, and the Quality and Availability of Information
5 Conclusions
References
23 Renewal of Manufacturing Firms Through Innovation
Abstract
1 Introduction
2 Research Methodology
3 Role of Innovation in the Renewal of Manufacturing
3.1 Strategic Renewal of Declining Firms
3.2 Revitalization of Declining Regional Manufacturing Clusters
3.3 Innovation Modes and Types
4 Innovation as Means for Manufacturing Renewal
4.1 Innovation for Diversification of Customer Base
4.2 Innovation to Increase Efficiency
4.3 Innovation to Add More Value to End Products
4.4 Innovation Through Interactions in the Value Chain
5 Discussion and Conclusions
References
24 Simulation as a Tool in Evaluating Combat Aircraft Shock Absorber Condition
Abstract
1 Introduction
2 State of the Art
3 The Shock Absorber
3.1 System Model and Governing Equations
4 Validation of the Model
5 Utilizing Simulation in Condition Monitoring and Fault Detection
6 Conclusions
References
25 Decision Making in Asset Management: Optimal Allocation of Resources for Maximizing Value Realization
Abstract
1 Introduction
2 General Model of Physical Asset Portfolio
2.1 Value
2.2 Costs
2.3 Cost and Value Generation and Policy
3 Decision Making in Asset Management
4 Application: Electrical Supply Network
5 Conclusion
References
26 From CAPEX to OPEX-The Handover Management Paradigm
Abstract
1 Introduction
2 Handover Management Overview
2.1 Physical Acceptance
2.2 Functional Acceptance
2.3 Documentation
2.4 Software Management and Licensing
2.5 Training
2.6 Training Delivery
2.7 Maintenance and Operational Integration
2.8 Operational Readiness and Go-Live
2.9 Post Go-Live System Optimisation
27 A Pattern Recognition Methodology for Fault Detection: A Circuit Breaker Case Study
Abstract
1 Introduction
2 State of the Art
3 Methodology
3.1 Data Collection
3.2 Features Extraction
3.3 Features Selection
3.4 Classifier Design
3.5 System Evaluation
4 Conclusion
References
28 Service Management Models for Railway Infrastructure, an Ecosystem Perspective
Abstract
1 Introduction
2 The Business Ecosystem
3 Development and Current State in Swedish Railway
3.1 Organisational Changes and Current Structure
3.2 Railway Network Usage and Delivery Quality Statistics
3.3 Railway Maintenance
4 Previous Studies and Investigations Regarding Swedish Railway Infrastructure Service Management
4.1 The Infrastructure Service Market
4.2 National Investigations Regarding Railway Management and Maintenance
4.3 Summary and Problem Description
5 The Problem Area Viewed from an Ecosystem Perspective
6 Conclusions
Acknowledgements
References
29 Safety Integrity Under Demanding Conditions: A Study on Permit-to-Work (PTW) Systems in the Marine-Subsea Sector
Abstract
1 Introduction
2 Features of a General PTW System
3 Gap Analysis and Potential Areas for Improvements in Existing PTW Systems
4 Recommendations
5 Conclusion
References
30 Maintenance 4.0 in Railway Transportation Industry
Abstract
1 Introduction
2 Maintenance 4.0
3 System's Complexities in Swedish Railway Transportation
3.1 Organisational Complexity
3.2 Operational Complexity
3.3 Technical Complexity
4 The Positive Effects of Maintenance 4.0 on the Railway Transportation System
4.1 Effects on Operations and Technology
4.2 Organisational Effects
5 Conclusions and Future Directions
References
31 Business Models for After Sales Services-Current State and Future Directions
Abstract
1 Introduction
2 Business Models and Customer Offers: A Theoretical Definition
2.1 Value Creation and the Business Environment
2.2 Customer Offers
3 Study Description
3.1 The Literature Survey
4 Survey Results
4.1 Extended Offerings
4.2 Performance-Based Contracting
4.3 Information and Communications Technology
4.4 Holistic Perspective
5 Conclusions
Acknowledgements
References
32 Remote Condition Based Maintenance in Modern Life Cycle Services
Abstract
1 Introduction
2 Definitions of Condition Based Maintenance
3 Remote Condition Monitoring
4 Some Examples of Remote Condition Monitoring and Diagnosis Services
4.1 Short Introduction to Grinding Mills
4.2 CASE 1: Remote Condition Monitoring Application for Drive Train
4.3 CASE 2: Remote Data Analysis for Grinding Mill Liner Condition Monitoring
References
33 Decision Making Situations Define Data Requirements in Fleet Asset Management
Abstract
1 Introduction
2 Literature Review
3 Fleet Decision Identification Framework
4 Conclusion
Acknowledgements
References
34 Leveraging the Opportunities of Big Data and the Industrial Internet in Engineering Asset Management Organisations
Abstract
1 Introduction
2 Big Data in Engineering Asset Management
3 EAM-Specific Big Data Management Framework
4 Conclusion
References
35 Fleet Service Generation-Challenges in Corporate Asset Management
Abstract
1 Introduction
2 Using Fleet Level Data as a Breeding Ground for Fleet Service Solution Generation
3 Product and Service Life Cycle and Benefits Valuation
3.1 Asset Life Cycle Management
3.2 Collaborative Processes for Fleet and Asset Management
4 Fleet Service and Asset Management Decision Making
5 Discussion, Conclusions and Future Research
References
36 Life Cycle Cost Calculations Supporting Service Offering
Case Study of Air Conditioning Systems
Abstract
1 Introduction
2 Case Description
3 Research Hypothesis and Methodology
4 LCC Calculation
4.1 Cost Breakdown Structure
4.2 Estimation of Quantitative Values for Cost Elements
4.3 LCC Calculation Tool
5 User Experiencies
5.1 Summary of User Feedback
6 Conclusions
References
37 Challenges and Opportunities in Capturing Design Knowledge
Abstract
1 Introduction
2 Challenges Related to Modelling of Design Reasoning Patterns
3 Design Reasoning Pattern (DRP) Method as a Solution for the Challenges
4 Conclusions
References
38 Reliability Modelling for Electricity Transmission Networks Using Maintenance Records
Abstract
1 Introduction
2 Methodology
2.1 MTE (Hazard) Rate Modelling
2.2 Grouping
2.3 Prediction of Future Maintenance Triggering Events
2.4 Evaluation of Replacement Policies
3 Case Study
3.1 Prediction of Notifications Under Repair Policies
4 Conclusion
References
39 Enhancing Information About Sustainability Features for Sustainable Housing Delivery
Abstract
1 Introduction
2 Value of Sustainable Housing
3 Drivers and Challenges for the Implementation of Sustainable Housing in Australia
4 Potential Research Opportunity
5 Conclusion
References
40 Development and Implementation of a Maturity Model for Professionalising Maintenance Management
Abstract
1 Introduction
2 Developed Maintenance Management Maturity Model (M4)
2.1 Maintenance Organisation Dimensions & Maturity Levels
2.2 Different Asset Groups
3 Implementation of the M4
3.1 Methodology and Procedure
3.2 Maturity Levels-2012 Versus 2014 Results
4 Maintenance Management Professionalization Growth & Way Forward
4.1 Growth
4.2 Benchmark of M4 with Available Literature
4.3 Way Forward
References
41 A Case Study on Replacement Decision Making
Abstract
1 Introduction
2 Literature Review
3 Research Method
4 Case Study
5 Summary
References
42 Influence of Human Resources on Implementation of Guidelines for Engineering Asset Management: A Case Study
Abstract
1 Introduction
2 ISO 55000 and Organisational Unlearning
2.1 Employees' Attitudes
2.2 Employees' Cognitive Styles and Mental Preferences
2.3 Organizational Factors
3 Data Collection and Analysis
4 Summary
References
43 Reliability Assessment in Asset Management-An Utility Perspective
Abstract
1 Introduction
2 Dynamic Reliability Assessment Process
3 Results
4 Conclusion
References
44 Managing Industrial Maintenance-Networked Model
Abstract
1 Introduction
2 Industrial Maintenance
3 Services Networks
4 Research Method and Data
5 Maintenance-Present and Future
References
45 Advanced Fault Tree Analysis for Improved Quality and Risk Assessment
Abstract
1 Introduction
2 Risk Assessment and RAMS
3 Advanced Fault Tree Model
3.1 Analysis of Things (AoT) Base Model
3.2 Nodes of the Advanced Fault Tree Model
3.3 Relations of the Advanced Fault Tree Model
3.4 Stochastic Discrete Event Simulation
4 Improvements to the Traditional FTA
4.1 Operation Phases
4.2 Stochastic and Delay Relations
4.3 Maintenance Plan of Inspection Actions
5 ELMAS
References
46 Supporting Asset Management Decision-Making-New Value Creation Perspective
Abstract
1 Introduction
2 Concept of New Value Creation
3 New Value Creation and Investment Decisions
4 The Conceptual Evaluation Framework
References
47 A Framework for Implementing Value-Based Approach in Asset Management
Abstract
1 Introduction
2 Value-Based AM Framework
3 Key Elements of Value-Based AM
3.1 Control Factors
3.1.1 Objectives and Performance Measures
3.1.2 Asset System Configuration
3.1.3 Operating Conditions & Maintenance
3.2 Inputs
3.2.1 Input Data
3.3 Resources
3.3.1 Organization
3.3.2 Capabilities
3.3.3 Methodologies
3.4 Outputs
4 Conclusions and Future Research
Acknowledgments
References
48 Integrated Planning in Autonomous Shipping-Application of Maintenance Management and KPIs
Abstract
1 Introduction
2 Integrated Planning in MUNIN
2.1 Asset Management and Industrie 4.0
2.2 Technical Case and Condition Monitoring
3 Storyboard of Maintenance Concept
4 Conclusion
Acknowledgement
References
49 Increased Profit and Technical Condition Through New KPIs in Maintenance Management
Abstract
1 Introduction
2 Integrated Planning for Technical Condition
3 Profit Loss Indicator for Oil and Gas Industry
4 PLI Calculations from Case Study
5 Discussions and Final Conclusions
Acknowledgements
References
50 Public Asset Management-Concept and Framework for Public Schools with the Life-Cycle Costing Model Reversed LCC
Abstract
1 Introduction
2 State of the Art-LCC in Norway
2.1 Challenges with LCC in the Municipality of Oslo
2.2 Specific Features of LCC for Public Schools
2.3 Activity-Based LCC-Method
3 Framework for Public Assets with Reversed LCC
3.1 Equations Used in Reversed LCC
3.2 Suggested Approach for LCC-Analysis of Public Assets
4 Discussion
5 Conclusion
References
51 Activity-Based Life-Cycle Costing of Public Assets: A Case Study of Schools in Norway
Abstract
1 Introduction
2 Public Asset Management Practices in Norway
2.1 Public Stakeholders' Impact on Public Assets
2.2 Life-Cycle Phases for Public Schools
3 Introduction of the Four Case Studies
3.1 LCC-Data for the Case Study: Activity-Based Rates, Factor-Method, Cost-Data and Upgrading Costs
4 Results
4.1 LCC-Results from the Conducted Case Study
5 Recommended Strategic Measures for UBF
6 Discussion
7 Conclusion
References
52 Capturing Value-Added Processes During Service Life of Public Assets in Norway-Learning from ISO 55000
Abstract
1 Introduction
2 Added Value of Public Assets and Use of ISO 55000
3 Results and Recommendations
3.1 Results Emerged from the Survey
3.2 Specific Recommendations for UBF
4 Discussion
5 Conclusion
References
53 Downtime Costing-Attitudes in Swedish Manufacturing Industry
Abstract
1 Introduction
2 Methodology
3 Results
4 Discussion and Conclusion
References
54 Simulator-Based Eco-drive Training for Fleet Drivers
Abstract
1 Introduction
2 Project Outline
3 Results
3.1 Questionnaire Results
3.2 On-road Results
4 Eco-driving and Life Cycle Costs
5 Conclusion
Acknowledgements
References
55 Evaluation of Feature Extraction Techniques for Intelligent Fault Diagnostics of High-Pressure LNG Pump
Abstract
1 Introduction
2 HP-LNG Pump and Historical Fault Data Analysis
3 Proposed Fault Diagnostics Methodology
3.1 Data Collection
3.2 Signal Processing
3.3 Feature Extraction/Selection
3.4 Classification
4 Comparative Test Result
5 Conclusion
Acknowledgment
References
56 Comparison of the Sensitivity of Different Sensor Technologies to Imbalance Severity in Low Speed Wind Turbines
Abstract
1 Introduction
2 Imbalance Detection by Different Sensors
2.1 Vibrations
2.2 Acoustic Emissions
2.3 Electrical Measurements
3 Description of Test-Rig and Test Procedure
4 Results and Discussions
4.1 Vibrations
4.2 Acoustic Emissions
4.3 Electrical Measurements
5 Conclusions
References
57 Circulate Your Idling Assets
Abstract
1 Introduction
2 Research Design
3 Data Analysis
4 Discussion and Conclusions
Acknowledgements
References
58 Advanced RCM Industry Case-Modeling and Advanced Analytics (ELMAS) for Improved Availability and Cost-Efficiency
Abstract
1 Introduction
2 ELMAS Reliability Analysis
2.1 Modeling Device Hierarchy and Analyzing Failure History
2.2 Modeling Function Hierarchy and Cause-Consequence Logic
2.3 Current State Risk Analysis
2.4 Action Planning and Effect Simulation
3 Analysis Process and Decision Making
References
59 Change from Machines to Production Systems-An Approach and Qualitative Methods for the Assessment of System Safety and System Availability Risks
Abstract
1 Introduction
2 System Risk Management
3 Case Studies on Risk Assessment Methods
3.1 Study Design
3.2 Main Results
4 Discussion and Conclusions
References
60 Incorporating Data Warehouse Technology into Asset Information Management Systems for Large Assets
Abstract
1 Introduction
2 Literature Review
2.1 Transformer Fault Diagnostic Methods
2.2 Data Warehouse Techniques
3 Methodology
4 Data Warehouse for Large Asset Information Management
4.1 Decision Support Module for Fault Prognosis
4.2 System Demonstration
5 Conclusion
Acknowledgement
References
61 Spare Part Stock Modeling and Cost Optimization
Abstract
1 Introduction
2 Spare Part Consumption Model
3 Spare Part Stock Balance and Costs Elements
4 Spare Part Stock Optimization
References
62 Industrial Fleet Services: Introduction and Application Case
Abstract
1 Introduction
2 Fleet Services
3 Fleet Monitoring
4 Fleet KPIs
4.1 Fleet Reliability
4.2 k-Out-of-n Fleet Reliability
4.3 Number of Failures
4.4 Fleet Availability
4.5 Other Fleet KPIs
5 Conclusions
References
63 Equipment and Process Condition Monitoring for Asset Management in Small Modular Nuclear Reactors
Abstract
1 Introduction
2 Condition Monitoring of SMR Components
2.1 Introduction
2.2 Relationship Between Coolant Flow Rate and Pump Motor Electric Power
2.3 Data-Based Approaches for Condition Monitoring
3 Equipment Prognostics and Asset Management
3.1 Introduction
3.2 Examples of Condition Monitoring and Prognostics
3.3 Application to Vibration in a Heat Exchanger System
4 Concluding Remarks
Acknowledgments
References
64 ESP and the Question Advanced Sensor Technology: A Transcendentalist Analysis
Abstract
1 Introduction
2 Asset Management (AM) Expository
3 Extrasensory Perception (ESP)
4 Cybernetics
4.1 Sensor Technology/Remote Viewing
4.2 Artificial Intelligence
4.3 Robot/Robotic
5 Advanced Sensor Technology Applied to AM
5.1 Synthesis
6 Man as the Creator (God) of Robots
6.1 Limitations of Sensor Technologies
7 Conclusion
References
65 Simulation Models Supporting Multiple Assets Along the Product Life Cycle
Abstract
1 Introduction
2 Background
3 The Multi-purpose Model with an Example of Creating One
4 Example Cases: A Single Model Supporting Multiple Assets
5 Conclusions
Acknowledgements
References
66 Designing Performance Measures for Asset Management Systems in Asset-Intensive Manufacturing Companies: A Case Study
Abstract
1 Introduction
2 Proposed Frameworks
3 Case Study
3.1 Background
3.2 Results from Case Study
3.3 Comparisons and Feedback
4 Discussions and Conclusions
References
67 Towards Quantification of Asset Management Optimality
Abstract
1 Introduction
2 Quantifying Asset Optimality
3 Barriers to Quantifying System Optimality and Their Relevance
4 Concluding Remarks
References
68 Mapping Time-Variant Modelling of Tool Wears and Cutting Parameters on Difficult-to-Machine Materials
Abstract
1 Introduction
2 Experiments
2.1 Work-Piece Materials
2.2 Cutting Tool Materials
2.3 Machining Tests
2.4 Wear Measurement
3 Time-Variant Modelling
3.1 Relationship Between Time and Tool Wear
3.2 Developing Variant Modelling
4 Conclusion
Acknowledgements
References
69 Managing Strategic Risks in the Electricity and Gas Distribution Sector-A Conceptual Model and Its Examples
Abstract
1 Introduction
2 Risks from the Strategic Perspective
2.1 Characteristics of Normal Risks
2.2 Six Types of Strategic Risks
3 Managing Complex Causalities of Strategic Risks
4 Conclusions
References

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