Technology Practices


Spare Part Optimization model that allows you to statistically determine whether to hold a spare part and in what quantity.
Date: 13 July 2010
Weibull analysis model is used to fit the appropriate parametric distribution to failure data and to estimate its parameters to calculate its MTBF.
Date: 03 May 2010
In reliability or survival analysis, the mean residual life (MRL) of an asset is the expected remaining life; given that a component has survived until time t.
Date: 03 May 2010
This model helps the decision makers to know the health of the asset and to decide wheather the asset needs a repair, replace or run it till it fails.
Date: 03 May 2010
Total Cost of Ownership (TCO) concept defines the cost of owning an asset from the time of purchase by the organization, through its operation and maintenance to the time it leaves the possession.
Date: 30 March 2010
Maximo Portal is a packaged bundle of a set of pre-built Reports, KPIs, DW Data Models, Dashboards, and tools powered by Open source technology that provides advanced Reporting, dashboards, what If analysis, and BI capabilities for effective Asset Maintenance and Reliability to Asset intensive industries. [More] [Less]
Date: 29 March 2010
Economic Order Quantity (EOQ) Calculator find the optimal quantity to order that minimizes total variable cost required to order and hold inventory.
Date: 25 March 2010


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