Optimum Decision Making in Asset Management

Download or read book Optimum Decision Making in Asset Management written by Carnero, María Carmen and published by IGI Global. This book was released on 2016-08-24 with total page 553 pages. Available in PDF, EPUB and Kindle. Book excerpt: Asset management is becoming increasingly important to an organization’s strategy, given its effects on cost, production, and quality. No matter the sector, important decisions are made based on techniques and theories that are thought to optimize results; asset management models and techniques could help maximize effectiveness while reducing risk. Optimum Decision Making in Asset Management posits that effective decision making can be augmented by asset management based on mathematical techniques and models. Resolving the problems associated with minimizing uncertainty, this publication outlines a myriad of methodologies, procedures, case studies, and management tools that can help any organization achieve world-class maintenance. This book is ideal for managers, manufacturing engineers, programmers, academics, and advanced management students.