This asset management white paper is about what shutdowns why and when and describes some recent advances in quantitative evaluation of shutdown programmes
Summary
This asset management white paper is about what shutdowns why and when and describes some recent advances in quantitative evaluation of shutdown programmes. And it looks at the bundling of tasks – the logistics of delaying some activities to coincide with others, and the compromise economics of shared downtime costs versus the performance and risk impact of premature or deferred work. It is illustrated by three case studies, taken from different industries.
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