Abstract
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Asset utilisation is concerned with how an asset is effiAsset utilisation is concerned with how an asset is efficiently and effectively
deployed and used. Essentially the asset utilisation is driven (broadly) by the asset design in
particular reliability and maintenance considerations. Asset maintenance involves determination
of maintenance strategy to manage failures and maintenance resources. This paper discusses the
policies for managing integrated maintenance resources (human resource and supporting material)
to perform maintenance activities for a complex asset. Good asset utilisation can be achieved by
attaining a better performance of the asset using the same amount of maintenance resources or by
reducing the amount of maintenance resources used for the same asset performance. A maintenance
department may not manage each kind of resources and may have its own policy to achieve better
asset performance. Thus, an integrated policy with all related departments is required. This research
aims at developing a model to determine an integrated optimum policy with associated departments.
It consists of three sub models representing three different departments in an organisation
including Maintenance, Human Resource, and Inventory & Purchasing. Through the model, some
combinations of the policies are made and tested to find the best combined policy that, in turn, can
help to generate better asset performance.ciently and effectively
deployed and used. Essentially the asset utilisation is driven (broadly) by the asset design in
particular reliability and maintenance considerations. Asset maintenance involves determination
of maintenance strategy to manage failures and maintenance resources. This paper discusses the
policies for managing integrated maintenance resources (human resource and supporting material)
to perform maintenance activities for a complex asset. Good asset utilisation can be achieved by
attaining a better performance of the asset using the same amount of maintenance resources or by
reducing the amount of maintenance resources used for the same asset performance. A maintenance
department may not manage each kind of resources and may have its own policy to achieve better
asset performance. Thus, an integrated policy with all related departments is required. This research
aims at developing a model to determine an integrated optimum policy with associated departments.
It consists of three sub models representing three different departments in an organisation
including Maintenance, Human Resource, and Inventory & Purchasing. Through the model, some
combinations of the policies are made and tested to find the best combined policy that, in turn, can
help to generate better asset performance.