Well-balanced asset management is the basis for the success of any company. The company carefully treats its assets since its income and prosperity are determined by the condition of the company’s facility with the use of which the profit is earned. Technical assets bring profit to the company only if they work reliably (smoothly) and efficiently. The efficiency of technical assets means the influence of their condition on the final result of the company’s activity, i.e. on its profit. The efficiency of an asset is directly related to its productivity, functionality level, and especially safety. Thus, reliability, safety, productivity, and functionality are the main characteristics of a technical asset state. They have a decisive influence on the life cycle cost of an asset.


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    Title :

    Introduction


    Additional title:

    Int.Ser.Operations Res.




    Publication date :

    2022-01-03


    Size :

    2 pages





    Type of media :

    Article/Chapter (Book)


    Type of material :

    Electronic Resource


    Language :

    English




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