Maintenance, Replacement, and Reliability: Theory and Applications

This book provides tools and techniques for physical asset management decisions based on data, with applications in various sectors. It discusses emerging technologies like big data analytics, artificial intelligence, digital twins, IoT, and cyber physical systems and introduces ISO 5500 and the asset management maturity model.

\n Format: Hardback
\n Length: 412 pages
\n Publication date: 16 September 2021
\n Publisher: Taylor & Francis Ltd
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Focuses on the use of data-driven tools for physical asset management decisions, providing a strong theoretical foundation for the mathematical models employed to optimize a wide range of critical maintenance, replacement, and reliability choices.

The book showcases real-world applications across various industries, including food processing, petrochemicals, steel manufacturing, pharmaceutical manufacturing, military, mining, and transportation (land and air). It delves into the emerging technologies playing a pivotal role in physical asset management, such as big data analytics, artificial intelligence, digital twins, IoT, and cyber-physical systems.

Furthermore, the book introduces ISO 5500 and the asset management maturity model, providing valuable guidance for organizations seeking to enhance their asset management practices. By leveraging data and technology, organizations can improve operational efficiency, reduce costs, and enhance asset performance, ultimately driving business growth and success.

This comprehensive resource is essential for asset managers, maintenance professionals, and anyone involved in managing physical assets in today's competitive environment.

\n Weight: 760g\n
Dimension: 161 x 243 x 29 (mm)\n
ISBN-13: 9780367076054\n
Edition number: 3 New edition\n