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Asset management is becoming increasingly important to an organization’s strategy, given its effects on cost, production, and quality. No matter the sector, important decisions are made based on techniques and theories that are thought to optimize results; asset management models and techniques could help maximize effectiveness while reducing risk. Optimum Decision Making in Asset Management posits that effective decision making can be augmented by asset management based on mathematical techniques and models. Resolving the problems associated with minimizing uncertainty, this publication outlines a myriad of methodologies, procedures, case studies, and management tools that can help any organization achieve world-class maintenance. This book is ideal for managers, manufacturing engineers, programmers, academics, and advanced management students.
Economists have not always been on friendly terms with scientists from other fields. More than once, economists have been accused of 'imperialism' or criticized for neglecting the insights obtained in other fields. The history of economics, however, yields manifold examples of interdisciplinary 'borrowing' where economists have adapted concepts and
A properly implemented and managed RCM program can save millions in unscheduled maintenance and breakdowns. However, many have found the process daunting. Written by an expert with over 30 years of experience, this book introduces innovative approaches to simplify the RCM process such as: single vs. multiple failure analysis, hidden failures analysis, potentially critical components analysis, run-to-failure and the difference between redundant, standby, and backup functions. Included are real life examples of flawed preventive maintenance programs and how they led to disasters that could have easily been avoided. Also illustrated in detail, with real-life examples, is the step-by-step process for developing, implementing, and maintaining a premier classical RCM program. Senior management, middle management, supervisors, and craftsmen/technicians responsible for plant safety and reliability will find this book to be invaluable as a means for establishing a first class preventive maintenance program.
Car Safety Wars is a gripping history of the hundred-year struggle to improve the safety of American automobiles and save lives on the highways. Described as the “equivalent of war” by the Supreme Court, the battle involved the automobile industry, unsung and long-forgotten safety heroes, at least six US Presidents, a reluctant Congress, new auto technologies, and, most of all, the mindset of the American public: would they demand and be willing to pay for safer cars? The “Car Safety Wars” were at first won by consumers and safety advocates. The major victory was the enactment in 1966 of a ground breaking federal safety law. The safety act was pushed through Congress over the bitter ...
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It is possible to eliminate death and serious injury from Canada’s roads. In other jurisdictions, the European Union, centres in the United States, and at least one automotive company aim to achieve comparable results as early as 2020. In Canada, though, citizens must turn their thinking on its head and make road safety a national priority. Since the motor vehicle first went into mass production, the driver has taken most of the blame for its failures. In a world where each person’s safety is dependent on a system in which millions of drivers must drive perfectly over billions of hours behind the wheel, failure on a massive scale has been the result. When we neglect the central role of t...
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In this collection of trenchant essays and interviews, István Mészáros, the world’s preeminent Marxist philosopher and winner of the 2008 Libertador Award for Critical Thought (the Bolivar Prize), lays bare the exploitative structure of modern capitalism. He argues with great power that the world’s economies are on a social and ecological precipice, and that unless we take decisive action to radically transform our societies we will find ourselves thrust headfirst into barbarism and environmental catastrophe. Mészáros, however, is no pessimist. He believes that the multiple crises of world capitalism will encourage the working class to demand center stage in the construction of a ne...