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Question:
(a) The Bath-Tub curve is an important tool for understanding the reliability of engineering components in many different applications. It is viewed as a hazard function that describes the variation of failure rate of components during their life time. Explain the phases of the Bath-Tub curve.
(b) Briefly discuss the Predictive Maintenance strategy and list some of the techniques used for implementing in the work environment.
(c) Reliability Centered Maintenance is one of the strategies used for failure management and is related to condition of equipment. This strategy relies on the capability of maintenance personnel to detect potential failures in advance in order to take appropriate actions. A common curve that illustrates the behavior of equipment as it approaches failure is the P-F curve. Elaborate with the aid of a diagram on the use of a P-F curve to improve condition of equipment and safety in a work environment.
Q. Illustrate about Asset turnover - performance ratios? Asset turnover = Turnover / Total assets or Capital employed This shows how
The M.V Star of the orient is a 14,000 ton-cruise ship that was built in 1977. The ship is Greek-registered and Hong-Kong owned. The ship spent the ten years prior to 1989 cruising
Particularly complex for weakly positioned companies
Cookie company is open for all day and night, 24 hrs. Enough demand exists to keepthe cookie company busy 24 hrs. Assume you have: (i) One oven which can accommodate one tray
Times it consists concerned with the determination of the amount of time required to perform a unit of work. It consists of process of observing and recording the tim
Why should resources be a concern in a global strategy
a) identify and explain the key activities in the strategic management process. b) why do businesses need to go international .?
An organization is unable to secure enough resources or competence.
Q. Explain Performance ratios - Return on capital employed? Return on capital employed (ROCE) = (Profit before interest and tax (PBIT) / Capital employed) x 100% The
Limitations of economic value added (EVA) - Not well understood by users of accounts. - Divisions of different sizes cannot be relatively compared. Similarities of EV
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