Postgraduate - UnitMRE5005 - Quantitative techniques for asset management

This unit entry is for students who completed this unit in 2014 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

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6 points, SCA Band 2, 0.125 EFTSL

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered, or view unit timetables.

Level	Postgraduate
Faculty	Faculty of Engineering
Offered	Gippsland First semester 2014 (Off-campus)
Coordinator(s)	Dr Allen Tam

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 must achieve a mark of 45% in each component (examination and cumulative assessment) and an overall mark of 50% to achieve an overall pass grade.

Chief examiner(s)

Associate Professor David Paganin

Workload requirements

150 hours

Prohibitions

MRE5101 (masters only)