The book describes techniques, tools and models about Engineering Maintenance and and Life Cycle Models, aimed at the efficiently managing of assets. It presents new asset management models including quantitative decision support tools for life management of physical assets supported by pertinent case studies.
This book describes techniques, tools, and models about engineering maintenance and life cycle models, aimed at the efficient managing of assets. It presents new asset management models, namely the Holistic Diagnostic Model (HDM) and Integrated Asset Management Support Model (IAMSM), including quantitative decision support tools for life cycle management of physical assets. It presents an overview of the life cycle models for replacement through a global model, with emphasis on availability and maintenance costs.
Features:
- Covers important aspects on Physical Asset Management (PAM) and offers a developed perspective on the economic aspects.
- Presents the relationships among some maintenance Key Performance Indicators (KPI), specifically MTTR, MTBF, Availability, and Reserve equipment.
- Analyzes models to calculate the influence of relevant variables on the withdrawal time and in the reserve size of the critical assets.
- Introduces new diagnostic models and Life Cycle decision support models.
- Includes new models for diagnosing organizations including pertinent case studies.
This book is aimed at researchers, professionals, and graduate students in PAM, maintenance management, and industrial engineering.
PART I Life Cycle Models. 1 Life Cycle Cost of Physical Assets. 1.1
Introduction. 1.2 Life Cycle Models. 1.3 Economic Life Cycle. 1.4 Performance
Indicators. 1.5 Investment Analysis Methods. 1.6 New Economic Replacement
Models. 1.7 Reserve Set. 1.8 Life Cycle Considering Incomes. 1.9 Simulation
of Methods Application. References. 2 Life Cycle Investment of Physical
Assets. 2.1 Introduction. 2.2 The Model of a Holistic Approach of the
Physical Assets Life Cycle. 2.3 LCI Considering Maintenance and
NonProduction. 2.4 Case Study Simulation. 2.5 Conclusions. References. 3
Life Cycle of Physical Assets with Recovery. 3.1 Introduction. 3.2
Methodology. 3.3 Basic Concepts to Support Math Models. 3.4 Behaviour of the
Physical Asset Value along Time. 3.5 Production Economic Movements. 3.6
Functioning Economic Movements. 3.7 Global Movements Analysis. 3.8 Return on
Investment. 3.9 Models Validation and Discussion. 3.10 Conclusions. PART II
Maintenance Methodologies. 4 Maintenance Types and Strategies. 4.1
Introduction. 4.2 Predetermined Maintenance. 4.3 Corrective Maintenance. 4.4
Enterprise Asset Management Systems. 4.5 Maintenance Performance. References.
5 Maintenance Algorithms. 5.1 Introduction. 5.2 Stochastic Algorithms. 5.3
Artificial Intelligence Algorithms. References. PART III Standards. 6
Maintenance Standards. 6.1 Introduction. 6.2 Characterization of Maintenance
Standard NP
4492. 6.3 Diagnosis of the Maintenance State. 6.4 Diagnosis to
Implement the Standard NP
4492. 6.5 Economic Implications of Implementing
Maintenance Standards. Reference. 7 Norms of Physical Assets Management. 7.1
Introduction. 7.2 Main Requisites of Physical Asset Norms. 7.3 Diagnosis to
Implement Physical Asset Norms. 7.4 Quantitative Evaluation to Implement
Physical Asset Norms. 8 Risk Norms. 8.1 Introduction. 8.2 Characterization of
Risk Norms. 8.3 Diagnosis to Implement Risk Norms. 8.4 Quantitative
Evaluation about the Implementation of Risk Norms. Reference. 9 Energy Norms.
9.1 Introduction. 9.2 Characterization of Energy Norms. 9.3 Diagnosis to
Implement Energy Norms. 9.4 Quantitative Evaluation about the Implementation
of Energy Norms. 10 Environmental Norms. 10.1 Introduction. 10.2
Characterization of Environmental Norms. 10.3 Diagnosis to Implement
Environmental Norms. 10.4 Quantitative Evaluation about the Implementation of
Environmental Norms. Reference.
José Manuel Torres Farinha has Habilitation in Electrical and Computer Engineering, a PhD in Mechanical Engineering and a degree in Electrical Engineering, option Energy. He is a National Defence Auditor. He is Full Professor in Coimbra Polytechnic Institute (IPC) and its former President. He is the Coordinator of the Master's Degree in Engineering and Management of Physical Assets in IPC. He has completed several PhD supervisions and dozens of Master's degree orientations. He has published three books, two in National edition and one in International edition. He has more than 250 publications articles in indexed and non-indexed international journals, in national magazines and in proceedings of international and national congresses. He has several registered patents (National and International). He is Specialist Member of Industrial Maintenance Specialization and a Counsellor Member of the Portuguese Association of Engineers.
