Monash University Handbook 2010 Postgraduate - Unit

MRE5005 - Quantitative techniques for asset management

6 points, SCA Band 2, 0.125 EFTSL

Level	Postgraduate
Faculty	Faculty of Engineering
Offered	Gippsland First semester 2010 (Off-campus) United States of America First semester 2010 (Off-campus)
Coordinator(s)	E Eerens

Synopsis

Introduction to the techniques applicable to the analysis of feedback data obtained in the maintenance planning system, statistical techniques applied to maintenance activities, the need for data analysis, methods of presenting analysed data. Weibull analysis. Pareto Curves. Mathematical modelling of maintenance data. Monte Carlo simulation. Queuing theory. Determining optimum frequencies for fixed-time maintenance activities/shutdowns. Reliability and application of reliability data. Introduction to risk analysis.

Assessment

Assignments: 50%, Examination: 50%. Students are required to pass both components to pass the unit.

Chief examiner(s)

Mr Ray Beebe

Contact hours

150 hours

Prohibitions

MRE5101 (masters only)