May 2006

Special Report: Maintenance/Reliability

Money-based overall equipment effectiveness

Use this method to identify, prioritize and quantify inefficiencies

Goti, A., University of Mondragon; Juric, Z., Mantecnologia, Plant Engineering; Sanchez, A., Polytechnich University of Valencia, Department of Statistics and Operational Research

Management requires performance information to be able to control the process it manages. Measurement plays a key role in an organization's long-term profitability and has increasingly become a part of a total performance approach, together with other topics such as productivity, quality, safety and environment. Measuring is necessary to improve, and both the academic and managerial arenas are increasingly interested in the subject of performance measurement. This is due to the broadening spectrum of performances required by the competitive environment and the new production paradigm known as lean production or world-class manufacturing. Within performance improvement programs, such as jus

Log in to view this article.

Not Yet A Subscriber? Here are Your Options.

1) Start a FREE TRIAL SUBSCRIPTION and gain access to all articles in the current issue of Hydrocarbon Processing magazine.

2) SUBSCRIBE to Hydrocarbon Processing magazine in print or digital format and gain ACCESS to the current issue as well as to 3 articles from the HP archives per month. $399 for an annual subscription*.

3) Start a FULL ACCESS PLAN SUBSCRIPTION and regain ACCESS to this article, the current issue, all past issues in the HP Archive, the HP Process Handbooks, HP Market Data, and more. $1,995 for an annual subscription.  For information about group rates or multi-year terms, contact J'Nette Davis-Nichols at Jnette.Davis-Nichols@GulfEnergyInfo.com or +1 713.520.4426*.

*Access will be granted the next business day.

Related Articles

From the Archive

Comments

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}