Monetised Risk Values and Cost-Benefit Evaluation of Maintenance Options for Aging Equipment

Author(s):  
Maria Chiara Leva ◽  
Micaela Demichela ◽  
Gabriele Baldissone

In this chapter, the authors present an overview of methods that can be used to evaluate risks and opportunities for deferred maintenance interventions on aging equipment, and underline the importance to include monetised risk considerations and timeline considerations, to evaluate different scenarios connected with the possible options. Asset managers are compelled to continue operating aging assets while deferring maintenance and investment due to the constant pressure to reduce maintenance costs as well as short-term budget constraints in a changing market environment. Monetised risk values offer the opportunity to support risk-based decision-making using the data collected from the field. The chapter presents examples of two different methods and their practical applicability in two case studies in the energy sector for a company managing power stations. The use of the existing and the new proposed solutions are discussed on the basis of their applicability to the concrete examples.

2019 ◽  
Vol 109 (03) ◽  
pp. 134-139
Author(s):  
P. Burggräf ◽  
J. Wagner ◽  
M. Dannapfel ◽  
K. Müller ◽  
B. Koke

Der wachsende Bedarf an Wandlungsfähigkeit führt zu einer höheren Frequenz in der Umplanung von Montagesystemen und erfordert eine kontinuierliche Überprüfung und Anpassung des Automatisierungsgrades. Um auch die komplexen Umgebungsbedingungen abzubilden, sollen nicht-monetäre Faktoren in den Entscheidungsprozess eingebunden werden. Um die Entscheidung zu unterstützen, stellt dieser Beitrag ein Tool zur Identifizierung und Bewertung von Automatisierungsszenarien mittels einer Nutzwert-Aufwand-Analyse vor.   The increasing need for adaptability in assembly leads to a higher planning frequency of the system and requires continuous checks and adaptations of the appropriate level of automation. To account for the complex environmental conditions, non-monetary factors are included in the decision-making process. This paper presents a decision support tool to identify and evaluate automation scenarios by means of cost and benefit evaluation.


Author(s):  
Jeanette Nasem Morgan

This chapter commences with a discussion of corporate and government decision-making processes and the management sciences that support development of decisions. Special decision-making considerations, trade-offs analyses, and cost-benefit studies all figure into decisions that result in outsourcing. Technologies that support different methods of decision-making include data warehouses and data mining, rules-based logic, heuristical processes, fuzzy logic, and expert-based reasoning are presented. The chapter presents case studies and current and evolving technologies. The following sections will address the decision-making methods that are used in considering, executing and monitoring outsourced MIS projects or in service lines related to provision of information services in the organization.


2021 ◽  
Vol 9 (205) ◽  
pp. 1-18
Author(s):  
Bruno Barbosa Rangel

This article aims to address the possibility of generating a decision-making process, especially about the use of corporate restructuring as a strategy to reduce the tax load by a company and to reposition itself in the market, to increase your level of competitiveness among yours competitors. Will be verified the main features of corporate restructuring operations: Transformation, incorporation, merger and split. Also, using a case exemple it will verified the possibility of a company divide yours activities adopting the split strategy, accourding to the taxes planning’s principles, analyzing the cost-benefit ration of corporate reoganization, concluding to what extent should invest in this strategy, observing the previous moment before the separation, considering the used bibliographic reference.


1989 ◽  
Vol 41 (2) ◽  
pp. 170-182 ◽  
Author(s):  
Alexander L. George ◽  
Richard Smoke

Achen and Snidal's deductive theory of deterrence contributes very little to an understanding of the uses and limitations of deterrence strategy as an instrument of foreign policy. Lacking operationalization, their “rational deterrence theory” is incapable of predicting the outcome of individual cases. Furthermore, it has not yet addressed the need (i) to reconceptualize the problem of deterrence for different levels of conflict; (2) to refine the assumption of “rationality”; (3) to deal with the phenomenon of equifinality; (4) to develop a framework of strategic interaction between Initiator and Defender acknowledging that an Initiator often has multiple options for challenging the status quo from which to choose an action that meets his cost-benefit criteria; (5) to find a way of taking into account decision-making variables that, as case studies have demonstrated, often affect deterrence outcomes; and (6) to broaden the conceptualization of deterrence strategy to encompass the possible use of positive inducements as a means of discouraging challenges to a status quo situation.


2008 ◽  
pp. 1355-1368
Author(s):  
Jeanette Nasem Morgan

This chapter commences with a discussion of corporate and government decision-making processes and the management sciences that support development of decisions. Special decision-making considerations, trade-offs analyses, and cost-benefit studies all figure into decisions that result in outsourcing. Technologies that support different methods of decision-making include data warehouses and data mining, rules-based logic, heuristical processes, fuzzy logic, and expert-based reasoning are presented. The chapter presents case studies and current and evolving technologies. The following sections will address the decision-making methods that are used in considering, executing and monitoring outsourced MIS projects or in service lines related to provision of information services in the organization.


2020 ◽  
Vol 29 (2) ◽  
pp. 59-89
Author(s):  
Saungah Sau ◽  
Insun Lim ◽  
Sohyun Woo ◽  
Moonsun Kang ◽  
Ssangeun Jo ◽  
...  

2018 ◽  
Vol 6 (2) ◽  
Author(s):  
Iwan Kurniawan Subagja, SE., MM. ◽  
Slamet Istoto

Decision making is an individual activity that is directly involved in obtaining and using the goods offered. Promotion is one of the variables in a marketing mix that is very important to be implemented by a company in marketing its products or services, thus influencing consumers to make purchasing decisions. The quality of the product can also affect consumers in making purchasing decisions. This study aims to analyze the effect of product quality and promotion on purchasing decision of Melon fruit. Population and sample of research is purchasing or buyer from consumer of PT. Syafina Niaga as many as 30 companies and sampling methods using saturated sampling techniques as well as analysis used with regression analysis. The results showed that there is a significant influence between product quality and promotion of purchasing decisions.


2018 ◽  
Vol 23 (1) ◽  
pp. 72-85
Author(s):  
Lasminisih ◽  
Emmy Indrayani

Company financial statement can be used to monitor the performance of a company. Financial statements are also used as a means for decision making so that the company can anticipate future plans. The purpose of this study was to find out the effect of Capital Adequacy Ratio (CAR), Loan to Deposit Ratio (LDR) and Return on Assets (ROA) on profit changes percentage of Banking Companies. The number of sample companies used in this study was 27 Banks listed in the Indonesia Stock Exchange with observation periods from 2007 to 2008. The method used in this study was multiple regression. The results of this study have indicated that CAR, LDR, and ROA gave significant effects on changes in Banks profit so that Banking Companies performances can be measured. Keywords: CAR, LDR, ROA, Profit


Sign in / Sign up

Export Citation Format

Share Document