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Author: Brian Gabriel Gaudio Publisher: ISBN: Category : Languages : en Pages : 128
Book Description
Over the past one hundred years, maintenance concepts have evolved from a simple “fix when broken” approach to advanced prognostic methods used today that leverage large amounts of historical, operational, and primary sensor data to predict when and how failures will occur. For firms that produce complex assets, the ability to predict with accuracy when maintenance overhauls should occur can provide both an operational and economic competitive advantage. This research evaluates the hypothesis that the accuracy of predictive maintenance models for complex assets can be improved with the addition of historical operational data and failure modes can be more clearly identified by examining primary sensor data. This hypothesis is tested through data analysis on predictive maintenance models used by commercial turbofan jet engines. Because some engines have operated for decades, their entire operational records are not in the appropriate digital format and not utilized by current models. This research identifies alternate, available sources of this data. The additional data sources were processed and incorporated into the existing predictive maintenance models. The addition of the operational data sources did not reduce the error in the model used to forecast the useful life of assets for preventative maintenance, which suggests that the current coverage provided by existing data is sufficient. The examination of primary sensor data isolated one component that displayed age-related degradation and maintenance costs.
Author: Brian Gabriel Gaudio Publisher: ISBN: Category : Languages : en Pages : 128
Book Description
Over the past one hundred years, maintenance concepts have evolved from a simple “fix when broken” approach to advanced prognostic methods used today that leverage large amounts of historical, operational, and primary sensor data to predict when and how failures will occur. For firms that produce complex assets, the ability to predict with accuracy when maintenance overhauls should occur can provide both an operational and economic competitive advantage. This research evaluates the hypothesis that the accuracy of predictive maintenance models for complex assets can be improved with the addition of historical operational data and failure modes can be more clearly identified by examining primary sensor data. This hypothesis is tested through data analysis on predictive maintenance models used by commercial turbofan jet engines. Because some engines have operated for decades, their entire operational records are not in the appropriate digital format and not utilized by current models. This research identifies alternate, available sources of this data. The additional data sources were processed and incorporated into the existing predictive maintenance models. The addition of the operational data sources did not reduce the error in the model used to forecast the useful life of assets for preventative maintenance, which suggests that the current coverage provided by existing data is sufficient. The examination of primary sensor data isolated one component that displayed age-related degradation and maintenance costs.
Author: Rama Srinivasan Velmurugan Publisher: Springer Nature ISBN: 3030741540 Category : Business & Economics Languages : en Pages : 177
Book Description
This book introduces readers to essential strategies, practices, and benchmarking for asset maintenance in operations intensive industries. Drawing on a case study from the oil and gas sector, it offers a methodology and practical solutions to help maintenance practitioners select and formulate an asset maintenance strategy, and to establish best maintenance practices at an organizational level using the frameworks developed here. It is intended for industry practitioners, young maintenance professionals, and students of engineering management who aspire to a career in operations intensive industries.
Author: Adolfo Crespo Márquez Publisher: Springer ISBN: 3319580450 Category : Technology & Engineering Languages : en Pages : 473
Book Description
This book promotes and describes the application of objective and effective decision making in asset management based on mathematical models and practical techniques that can be easily implemented in organizations. This comprehensive and timely publication will be an essential reference source, building on available literature in the field of asset management while laying the groundwork for further research breakthroughs in this field. The text provides the resources necessary for managers, technology developers, scientists and engineers to adopt and implement better decision making based on models and techniques that contribute to recognizing risks and uncertainties and, in general terms, to the important role of asset management to increase competitiveness in organizations.
Author: R. Keith Mobley Publisher: Elsevier ISBN: 0080478697 Category : Technology & Engineering Languages : en Pages : 451
Book Description
This second edition of An Introduction to Predictive Maintenance helps plant, process, maintenance and reliability managers and engineers to develop and implement a comprehensive maintenance management program, providing proven strategies for regularly monitoring critical process equipment and systems, predicting machine failures, and scheduling maintenance accordingly. Since the publication of the first edition in 1990, there have been many changes in both technology and methodology, including financial implications, the role of a maintenance organization, predictive maintenance techniques, various analyses, and maintenance of the program itself. This revision includes a complete update of the applicable chapters from the first edition as well as six additional chapters outlining the most recent information available. Having already been implemented and maintained successfully in hundreds of manufacturing and process plants worldwide, the practices detailed in this second edition of An Introduction to Predictive Maintenance will save plants and corporations, as well as U.S. industry as a whole, billions of dollars by minimizing unexpected equipment failures and its resultant high maintenance cost while increasing productivity. A comprehensive introduction to a system of monitoring critical industrial equipment Optimize the availability of process machinery and greatly reduce the cost of maintenance Provides the means to improve product quality, productivity and profitability of manufacturing and production plants
Author: El Bachir Boukherouaa Publisher: International Monetary Fund ISBN: 1589063953 Category : Business & Economics Languages : en Pages : 35
Book Description
This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising concerns about its potential in widening the digital divide between advanced and developing economies. The paper advances the discussion on the impact of this technology by distilling and categorizing the unique risks that it could pose to the integrity and stability of the financial system, policy challenges, and potential regulatory approaches. The evolving nature of this technology and its application in finance means that the full extent of its strengths and weaknesses is yet to be fully understood. Given the risk of unexpected pitfalls, countries will need to strengthen prudential oversight.
Author: Ramin Karim Publisher: CRC Press ISBN: 100086507X Category : Computers Languages : en Pages : 516
Book Description
This book provides insights into how to approach and utilise data science tools, technologies, and methodologies related to artificial intelligence (AI) in industrial contexts. It explains the essence of distributed computing and AI technologies and their interconnections. It includes descriptions of various technology and methodology approaches and their purpose and benefits when developing AI solutions in industrial contexts. In addition, this book summarises experiences from AI technology deployment projects from several industrial sectors. Features: Presents a compendium of methodologies and technologies in industrial AI and digitalisation. Illustrates the sensor-to-actuation approach showing the complete cycle, which defines and differentiates AI and digitalisation. Covers a broad range of academic and industrial issues within the field of asset management. Discusses the impact of Industry 4.0 in other sectors. Includes a dedicated chapter on real-time case studies. This book is aimed at researchers and professionals in industrial and software engineering, network security, AI and machine learning (ML), engineering managers, operational and maintenance specialists, asset managers, and digital and AI manufacturing specialists.
Author: Luca Podofillini Publisher: CRC Press ISBN: 1315648415 Category : Technology & Engineering Languages : en Pages : 730
Book Description
Safety and Reliability of Complex Engineered Systems contains the Proceedings of the 25th European Safety and Reliability Conference, ESREL 2015, held 7-10 September 2015 in Zurich, Switzerland. It includes about 570 papers accepted for presentation at the conference. These contributions focus on theories and methods in the area of risk, safety and
Author: National Research Council (U.S.). Committee on Analysis of Research Directions and Needs in U.S. Manufacturing Publisher: ISBN: Category : Business & Economics Languages : en Pages : 192
Book Description
Annotation An analysis of new research directions that will lead to higher standards of product quality, responsiveness to customers, and process flexibility. a panel of experts from industry and academia evaluates current barriers to US competitiveness and examines how to improve flexibility, build up the technology base, and update performance measures. Annotation copyrighted by Book News, Inc., Portland, OR.
Author: Chan, Hing Kai Publisher: IGI Global ISBN: 1522509577 Category : Business & Economics Languages : en Pages : 319
Book Description
Technological advancements in recent years have led to significant developments within a variety of business applications. In particular, data-driven research provides ample opportunity for enterprise growth, if utilized efficiently. Supply Chain Management in the Big Data Era is an authoritative reference source for the latest scholarly material on the implementation of big data analytics for improved operations and supply chain processes. Highlighting emerging strategies from different industry perspectives, this book is ideally designed for managers, professionals, practitioners, and students interested in the most recent research on supply chain innovations.
Author: Siva Subramanian, R. Publisher: IGI Global ISBN: Category : Computers Languages : en Pages : 311
Book Description
In the ever-changing world of engineering, the confluence of Augmented Reality (AR) and Virtual Reality (VR) promises a revolutionary frontier; one that has the potential to remodel the fundamental fabric of our designed world. As our society approaches the genesis of a new age, the need for the study of this bourgeoning technology becomes clear. If harnessed properly, AR and VR have the capacity to revolutionize basic aspects of engineering methods. The combination of AR and VR can tackle the rising difficulties that engineers encounter in their design processes by providing improved tools for visualization and conceptualization. Navigating the Augmented and Virtual Frontiers in Engineering, is a thorough examination of the transformational impact of AR and VR in the vast field of engineering. This book explores the fundamental concepts, practical applications, and significant consequences of incorporating AR and VR technology into numerous engineering disciplines. It provides a comprehensive knowledge of how these immersive technologies are used in design processes, training simulations, maintenance procedures, and collaborative engineering projects. Covering topics such as asset management, geographic analysis, and sustainability, this book is an excellent resource for engineers, researchers, technological developers, postgraduate students, educators, academicians, and more.
Author: Brian Gabriel Gaudio
Author: Brian Gabriel Gaudio
Author: Rama Srinivasan Velmurugan
Author: Adolfo Crespo Márquez
Author: R. Keith Mobley
Author: El Bachir Boukherouaa
Author: Ramin Karim
Author: Luca Podofillini
Author: National Research Council (U.S.). Committee on Analysis of Research Directions and Needs in U.S. Manufacturing
Author: Chan, Hing Kai
Author: Siva Subramanian, R.