Facilities management (FM) is currently shifting emphasis towards a long-term focus through the adoption of maintenance and operation practices that considers social, environmental, economic benefits all business decisions [...]

The cost optimisation in production starts right at the system design stage. An efficient system design calls for certain typical decisions to be made during the conceptual stage of development of the plant technical concept. The type of decisions shall depend upon the availability of the sub-systems, investment cost, cost of operation covering maintenance, manpower and energy (fuel and power)....

Assessing the life-cycle impacts of operations and maintenance decisions made for new or aging systems requires the an accurate ability to measure and respond to uncertainty. Maintenance and parts requirements forecasts for fielded military systems are traditionally performed through historical repair and supply demand models. These models work well once several years of steady state weapon sys...

This article identifies factors that influence health maintenance organizations' (HMOs) decisions about offering a Medicare risk product in rural areas; describes HMOs' recent experiences serving rural Medicare risk enrollees; and assesses the potential impact of Medicare program changes on the future willingness of HMOs to offer a Medicare risk product in rural areas. Data for the analysis wer...

Operations research, the science of decision-making, offers a logical structure to management decisions. Operations research is known by several synonyms including systems analysis, quantitative analysis, and management science. Systems decisions can be classified as allocation, scheduling and routing, competition, queuing (waiting) lines, inventory control, searching, replacement, and maintena...

By utilizing condition monitoring information collected from wind turbine components, condition based maintenance (CBM) strategy can be used to reduce the operation and maintenance costs of wind power generation systems. The existing CBM methods for wind power generation systems deal with wind turbine components separately, that is, maintenance decisions are made on individual components, rathe...

Health monitoring is emerging as one of the most promising developments for product in-service reliability assessment and maintenance. This paper presents an overview of the concepts used in current health monitoring approaches, with a focus on Life Consumption Monitoring (LCM). Its application to electronic systems is discussed. In addition to in-service reliability assessment and maintenance,...

The present study is a new approach for finding the suitable maintenance practice with the help of fuzzy logic rule base system. It is a decision making tool which depends upon various condition of a machine .The success of any industry depend on its optimum manufacturing cost of product and for achieving the above said factor the maintenance practice should be efficient and effective .Fuzzy ba...