GEG7014 - Terotechnology and life cycle costs
6 points, SCA Band 2, 0.125 EFTSL
Postgraduate Faculty of Engineering
Leader: Y Ibrahim
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/redesign of plant to improve maintainability and reduce life cycle costs; design maintenance techniques.
150 hours study