GEG7014

Terotechnology and life cycle costs ( 6 points, SCA Band 2, 0.125 EFTSL)

Leader: Y Ibrahim

Offered:
Gippsland Full year 2006 (OCL)

Synopsis: Introduction to asset management and terotechnology. Application of terotechnological techniques to increase profitability. Life cycle costs and the costs of ownership; assets as the profit generators; impact of maintenance on profitability. Maintenance budgets and cost control. Terotechnological aspects of engineering economics and accountancy. Terotechnology and maintenance performance ratios. Introduction to asset purchase/ replacement policies and those techniques concerned with economic decisions to buy or replace major units of plant. Design/re-design of plant to improve maintainability and reduce life cycle costs; design maintenance techniques.

Assessment: Examination: 50% Assignments: 50%

Contact Hours: 78 hours study