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.
Introduction
Int.Ser.Operations Res.
2022-01-03
2 pages
Article/Chapter (Book)
Electronic Resource
English
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