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Article
Publication date: 28 June 2024

Pradipta Patra and Unni Krishnan Dinesh Kumar

Opportunistic and delayed maintenances are increasingly becoming important strategies for sustainable maintenance practices since they increase the lifetime of complex systems…

Abstract

Purpose

Opportunistic and delayed maintenances are increasingly becoming important strategies for sustainable maintenance practices since they increase the lifetime of complex systems like aircrafts and heavy equipment. The objective of the current study is to quantify the optimal time window for adopting these strategies.

Design/methodology/approach

The current study considers the trade-offs between different costs involved in the opportunistic and delayed maintenances (of equipment) like the fixed cost of scheduled maintenances, the opportunistic rewards that may be earned and the cost of premature parts replacement. The probability of the opportunistic maintenance has been quantified under two different scenarios – Mission Reliability and Renewal Process. In the case of delayed maintenance, the cost of the delayed maintenance is also considered. The study uses optimization techniques to find the optimal maintenance time windows and also derive useful insights.

Findings

Apart from finding the optimal time window for the maintenance activities the study also shows that opportunistic maintenance is beneficial provided the opportunistic reward is significantly large; the cost of conducting scheduled maintenance in the pre-determined slot is significantly large. Similarly, the opportunistic maintenance may not be beneficial if the pre-mature equipment parts replacement cost is significantly high. The optimal opportunistic maintenance time is increasing function of Weibull failure rate parameter “beta” and decreasing function of Weibull failure rate parameter “theta.” In the case of optimal delayed maintenance time, these relationships reverse.

Originality/value

To the best of our knowledge, very few studies exist that have used mission reliability to study opportunistic maintenance or considered the different cost trade-offs comprehensively.

Details

International Journal of Quality & Reliability Management, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0265-671X

Keywords

Article
Publication date: 28 June 2024

Brian Briggeman, Luke Byers, Jennifer Ifft, Ryan Kuhns, Noah Miller and Jisang Yu

The growth of lending from nontraditional lenders may pose challenges for official US Department of Agriculture (USDA) farm sector debt estimates, but it is difficult to find data…

Abstract

Purpose

The growth of lending from nontraditional lenders may pose challenges for official US Department of Agriculture (USDA) farm sector debt estimates, but it is difficult to find data to assess official estimates. The purpose of this study is to examine whether debt provided by nontraditional lenders is accurately accounted for in official estimates.

Design/methodology/approach

We compare traditional and nontraditional lending data from farm equipment lien collateral values and the USDA Agricultural Resource Management Survey (ARMS). After analyzing trends in equipment lending implied by farm equipment lien data and ARMS, we estimate whether changes in farm equipment lien values predict changes in equipment debt reported in ARMS and whether lender type influences that relationship.

Findings

We find that credit provided by nontraditional lenders is likely underreported in ARMS. Our econometric model shows that equipment debt volumes for nontraditional lenders are consistently lower than traditional loan volumes in ARMS across a variety of model specifications. We also find that an increase in lien values for nontraditional lenders is less likely to predict an increase in ARMS equipment debt volumes than an increase for traditional lenders.

Practical implications

Official farm sector debt estimates may not fully account for nontraditional lenders.

Originality/value

This study demonstrates how the growth of nontraditional lending poses challenges for estimating US farm sector debt. We evaluate farm sector debt estimates and advance knowledge of the role of nontraditional lenders in farm equipment credit provision. The farm equipment lien dataset provides a rich source of novel data for research on local and national equipment debt and investment.

Details

Agricultural Finance Review, vol. 84 no. 2/3
Type: Research Article
ISSN: 0002-1466

Keywords

Article
Publication date: 17 May 2024

Adel Alshibani, Youssef Ahmed El Ghazzawi, Awsan Mohammed, Ahmed M. Ghaithan and Mohammad A. Hassanain

This paper aims to propose a novel model that addresses the limitations of current practices, through considering quantitative and qualitative criteria in the decision-making…

Abstract

Purpose

This paper aims to propose a novel model that addresses the limitations of current practices, through considering quantitative and qualitative criteria in the decision-making process for equipment replacement.

Design/methodology/approach

Literature review and consultation with professionals in the heavy construction industry was conducted to identify the criteria influencing the replacement of construction machines. A questionnaire survey using analytic hierarchy process and multi-attribute utility theory was used to rank these criteria and establish their utility scores. Sensitivity analysis was performed to assess how adjustments in the weights of main criteria would impact equipment replacement decisions.

Findings

The identified criteria were classified into three categories: economic, technical and socioenvironmental, encompassing a total of 15 criteria. The findings indicated that salvage value/meeting payback period/maximizing profitability held the highest importance in the replacement process, followed by considerations like high repair and maintenance cost; working condition and economic conditions. Safety and social benefits scored the least among all criteria and categories.

Research limitations/implications

This study focuses on earth-moving equipment and involves experts from the Eastern Province of Saudi Arabia. The model introduces a novel methodology to aid decision-makers, particularly contractors and project managers, in determining when to replace heavy construction equipment, which results in resource efficiency and time saving.

Originality/value

The model integrates expertise and knowledge from experts to establish criteria for replacing construction equipment. This research aims to improve the functionality of the decision-making process regarding the acquisition or replacement of equipment throughout its lifespan.

Details

Journal of Financial Management of Property and Construction , vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1366-4387

Keywords

Article
Publication date: 30 May 2024

Ahmed Ghaithan, Osamah AlShamrani, Awsan Mohammed and Adel Alshibani

Energy consumption has increased significantly since the 1970s, which has increased demand for sufficient infrastructure in the oil and gas industry. Many top-notch oil and gas…

Abstract

Purpose

Energy consumption has increased significantly since the 1970s, which has increased demand for sufficient infrastructure in the oil and gas industry. Many top-notch oil and gas companies invested in and equipped their facilities with high-capacity electrical equipment to meet high demand and benefit from high revenues. This is becoming a challenge nowadays for old facilities in the oil and gas industry, as most of the electrical equipment installed has reached or even exceeded its lifetime. Moreover, many of the original equipment manufacturers (OEMs) for electrical equipment from the 1980s are no longer in market today. Therefore, the aim of this study is to develop a proactive, cost-effective obsolescence management framework for electrical equipment in the oil and gas industry, considering the aging factor of the equipment.

Design/methodology/approach

Firstly, the study begins with gathering available information and identifying criteria. Secondly, the data collection is evaluated by subject-matter-experts (SMEs) in asset management field to ensure compliance with updated international standards and relevant regulatory requirements. Thirdly, a multi-criteria decision-making process is used to rank criteria. Finally, a scoring system is developed to measure the electrical equipment obsoleteness.

Findings

The developed framework will assist decision-makers in making informed decisions about maintenance, replacement or upgrades, using knowledge from previous studies and experts’ input. The result finding indicates that considering aging correction factors when measuring equipment obsoleteness leads to accurately and correctly predicting the electrical equipment obsoleteness score.

Originality/value

Previous studies have addressed obsolescence management without taking equipment age into account, regardless of how the equipment is performing. Thus, the lack of a comprehensive obsolescence management framework that accounts for both cost-effectiveness and the aging factor in the oil and gas industry poses a critical challenge.

Details

Journal of Quality in Maintenance Engineering, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1355-2511

Keywords

Article
Publication date: 16 February 2024

Hossam Mohamed Toma, Ahmed H. Abdeen and Ahmed Ibrahim

The equipment resale price plays an important role in calculating the optimum time for equipment replacement. Some of the existing models that predict the equipment resale price…

Abstract

Purpose

The equipment resale price plays an important role in calculating the optimum time for equipment replacement. Some of the existing models that predict the equipment resale price do not take many of the influencing factors on the resale price into account. Other models consider more factors that influence equipment resale price, but they still with low accuracy because of the modeling techniques that were used. An easy tool is required to help in forecasting the resale price and support efficient decisions for equipment replacement. This research presents a machine learning (ML) computer model helping in forecasting accurately the equipment resale price.

Design/methodology/approach

A measuring method for the influencing factors that have impacts on the equipment resale price was determined. The values of those factors were measured for 1,700 pieces of equipment and their corresponding resale price. The data were used to develop a ML model that covers three types of equipment (loaders, excavators and bulldozers). The methodology used to develop the model applied three ML algorithms: the random forest regressor, extra trees regressor and decision tree regressor, to find an accurate model for the equipment resale price. The three algorithms were verified and tested with data of 340 pieces of equipment.

Findings

Using a large number of data to train the ML model resulted in a high-accuracy predicting model. The accuracy of the extra trees regressor algorithm was the highest among the three used algorithms to develop the ML model. The accuracy of the model is 98%. A computer interface is designed to make the use of the model easier.

Originality/value

The proposed model is accurate and makes it easy to predict the equipment resale price. The predicted resale price can be used to calculate equipment elements that are essential for developing a dependable equipment replacement plan. The proposed model was developed based on the most influencing factors on the equipment resale price and evaluation of those factors was done using reliable methods. The technique used to develop the model is the ML that proved its accuracy in modeling. The accuracy of the model, which is 98%, enhances the value of the model.

Details

Engineering, Construction and Architectural Management, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0969-9988

Keywords

Article
Publication date: 26 April 2024

Mawloud Titah and Mohammed Abdelghani Bouchaala

This paper aims to establish an efficient maintenance management system tailored for healthcare facilities, recognizing the crucial role of medical equipment in providing timely…

Abstract

Purpose

This paper aims to establish an efficient maintenance management system tailored for healthcare facilities, recognizing the crucial role of medical equipment in providing timely and precise patient care.

Design/methodology/approach

The system is designed to function both as an information portal and a decision-support system. A knowledge-based approach is adopted centered on Semantic Web Technologies (SWTs), leveraging a customized ontology model for healthcare facilities’ knowledge capitalization. Semantic Web Rule Language (SWRL) is integrated to address decision-support aspects, including equipment criticality assessment, maintenance strategies selection and contracting policies assignment. Additionally, Semantic Query-enhanced Web Rule Language (SQWRL) is incorporated to streamline the retrieval of decision-support outcomes and other useful information from the system’s knowledge base. A real-life case study conducted at the University Hospital Center of Oran (Algeria) illustrates the applicability and effectiveness of the proposed approach.

Findings

Case study results reveal that 40% of processed equipment is highly critical, 40% is of medium criticality, and 20% is of negligible criticality. The system demonstrates significant efficacy in determining optimal maintenance strategies and contracting policies for the equipment, leveraging combined knowledge and data-driven inference. Overall, SWTs showcases substantial potential in addressing maintenance management challenges within healthcare facilities.

Originality/value

An innovative model for healthcare equipment maintenance management is introduced, incorporating ontology, SWRL and SQWRL, and providing efficient data integration, coordinated workflows and data-driven context-aware decisions, while maintaining optimal flexibility and cross-departmental interoperability, which gives it substantial potential for further development.

Details

Journal of Quality in Maintenance Engineering, vol. 30 no. 2
Type: Research Article
ISSN: 1355-2511

Keywords

Content available
Article
Publication date: 9 April 2024

Luong Hai Nguyen

This empirical study explores the profound impact of management functions on the productivity of yard cargo handling equipment within container terminals.

Abstract

Purpose

This empirical study explores the profound impact of management functions on the productivity of yard cargo handling equipment within container terminals.

Design/methodology/approach

By closely examining crucial management aspects such as planning, organizing, leading and controlling, a comprehensive managerial behavior framework was developed through focus group studies (FGS) and focal interviews. These qualitative methods were complemented by the distribution of questionnaires to practitioners in Vietnam. To validate the concept of management functions and analyze their influence on effective management practices for equipment efficiency, a structural equation model (SEM) technique was employed using partial least-squares estimation (PLS).

Findings

The findings of this study demonstrate that planning (PL), organizing (OR) and controlling (CT) significantly contributes to the productivity of yard cargo handling equipment, while leading (LD) does not exhibit a direct positive impact.

Originality/value

Theoretically, this study contributes by providing clarity to the definition, purpose and value of management functions in the field of cargo handling equipment management. Furthermore, these research findings offer valuable insights to terminal operators and managers, enabling them to optimize their management strategies and enhance productivity levels, ultimately resulting in improved operational outcomes.

Details

Maritime Business Review, vol. 9 no. 2
Type: Research Article
ISSN: 2397-3757

Keywords

Article
Publication date: 30 November 2023

Wenbo Li, Bin Dan, Xumei Zhang, Yi Liu and Ronghua Sui

With the rapid development of the sharing economy in manufacturing industries, manufacturers and the equipment suppliers frequently share capacity through the third-party…

Abstract

Purpose

With the rapid development of the sharing economy in manufacturing industries, manufacturers and the equipment suppliers frequently share capacity through the third-party platform. This paper aims to study influences of manufacturers sharing capacity on the supplier and to analyze whether the supplier shares capacity as well as its influences.

Design/methodology/approach

This paper deals with conditions that the supplier and manufacturers share capacity through the third-party platform, and the third-party platform competes with the supplier in equipment sales. Considering the heterogeneity of the manufacturer's earning of unit capacity usage and the production efficiency of manufacturer's usage strategies, this paper constructs capacity sharing game models. Then, model equilibrium results under different sharing scenarios are compared.

Findings

The results show that when the production or maintenance cost is high, manufacturers sharing capacity simultaneously benefits the supplier, the third-party platform and manufacturers with high earnings of unit capacity usage. When both the rental efficiency and the production cost are low, or both the rental efficiency and the production cost are high, the supplier simultaneously sells equipment and shares capacity. The supplier only sells equipment in other cases. When both the rental efficiency and the production cost are low, the supplier’s sharing capacity realizes the win-win-win situation for the supplier, the third-party platform and manufacturers with moderate earnings of unit capacity usage.

Originality/value

This paper innovatively examines supplier's selling and sharing decisions considering manufacturers sharing capacity. It extends the research on capacity sharing and is important to supplier's operational decisions.

Details

Industrial Management & Data Systems, vol. 124 no. 2
Type: Research Article
ISSN: 0263-5577

Keywords

Article
Publication date: 13 November 2023

Meifang Li and Yujing Liu

With the deep development of the new technological revolution and industrial transformation, the development, application, expansion and integration of digital technology provide…

Abstract

Purpose

With the deep development of the new technological revolution and industrial transformation, the development, application, expansion and integration of digital technology provide opportunities for transforming the manufacturing industry from traditional manufacturing to intelligent manufacturing. However, little research currently focuses on analyzing the influencing factors of intelligent development in this field. There is a lack of research from the perspective of the digital innovation ecosystem to explore the intrinsic mechanism that drives intelligent development. Therefore, this article starts with high-end equipment manufacturing enterprises as the research subject to explore how their digital innovation ecosystem promotes the effectiveness of enterprise intelligent development, providing theoretical support and policy guidance for enterprises to achieve intelligent development at the current stage.

Design/methodology/approach

This article constructs a logical framework for the digital innovation ecosystem using a “three-layer core-periphery” structure, collects data using crawling for subsequent indicator measurement and assessment and uses the fuzzy set Qualitative Comparative Analysis method (fsQCA) to explore how the various components of the digital innovation ecosystem in high-end equipment manufacturing enterprises work together to promote the development of enterprise intelligently.

Findings

This article finds that the various components of the digital innovation ecosystem of high-end equipment manufacturing enterprises, through mutual coordination, can help improve the level of enterprise intelligence. Empirical analysis shows four specific configuration implementation paths for the digital innovation ecosystem of high-end equipment manufacturing enterprises to promote intelligent development. The core conditions and their combinations that affect the intelligent development of enterprises differ in each configuration path.

Originality/value

Firstly, this article discusses the practical problems of intelligent transformation and development in the manufacturing industry and focuses on the intelligent development effectiveness of various components of the digital innovation ecosystem of high-end equipment manufacturing enterprises in the context of digitalization. Secondly, this article uses crawling, text sentiment analysis and other methods to creatively collect relevant data to overcome the research dilemma of being limited to theoretical analysis due to the difficulty in obtaining data in this field. At the same time, based on the characteristics of high-end equipment manufacturing enterprises, the “three-layer core-periphery” digital innovation ecosystem framework constructed in this article helps to gain a deep understanding of the development characteristics of the industry's enterprises, provides specific indicator analysis for their intelligent development, opening the “black box” of intelligent development in the industry's enterprises and bridging the gap between theory and practice. Finally, this study uses the fsQCA research method of configuration analysis to explore the complexity of the antecedents and investigate the combined effects of multiple factors on intelligent development, providing new perspectives and rich research results for relevant literature on the intelligent development of high-end equipment manufacturing enterprises.

Details

Business Process Management Journal, vol. 30 no. 1
Type: Research Article
ISSN: 1463-7154

Keywords

Article
Publication date: 18 September 2024

Felipe Terra Mohad, Leonardo de Carvalho Gomes, Guilherme da Luz Tortorella and Fernando Henrique Lermen

Total productive maintenance consists of strategies and procedures that aim to guarantee the entire functioning of machines in a production process so that production is not…

Abstract

Purpose

Total productive maintenance consists of strategies and procedures that aim to guarantee the entire functioning of machines in a production process so that production is not interrupted and no loss of quality in the final product occurs. Planned maintenance is one of the eight pillars of total productive maintenance, a set of tools considered essential to ensure equipment reliability and availability, reduce unplanned stoppage and increase productivity. This study aims to analyze the influence of statistical reliability on the performance of such a pillar.

Design/methodology/approach

In this study, we utilized a multi-method approach to rigorously examine the impact of statistical reliability on the planned maintenance pillar within total productive maintenance. Our methodology combined a detailed statistical analysis of maintenance data with advanced reliability modeling, specifically employing Weibull distribution to analyze failure patterns. Additionally, we integrated qualitative insights gathered through semi-structured interviews with the maintenance team, enhancing the depth of our analysis. The case study, conducted in a fertilizer granulation plant, focused on a critical failure in the granulator pillow block bearing, providing a comprehensive perspective on the practical application of statistical reliability within total productive maintenance; and not presupposing statistical reliability is the solution over more effective methods for the case.

Findings

Our findings reveal that the integration of statistical reliability within the planned maintenance pillar significantly enhances predictive maintenance capabilities, leading to more accurate forecasts of equipment failure modes. The Weibull analysis of the granulator pillow block bearing indicated a mean time between failures of 191.3 days, providing support for optimizing maintenance schedules. Moreover, the qualitative insights from the maintenance team highlighted the operational benefits of our approach, such as improved resource allocation and the need for specialized training. These results demonstrate the practical impact of statistical reliability in preventing unplanned downtimes and informing strategic decisions in maintenance planning, thereby emphasizing the importance of your work in the field.

Originality/value

In terms of the originality and practicality of this study, we emphasize the significant findings that underscore the positive influence of using statistical reliability in conjunction with the planned maintenance pillar. This approach can be instrumental in designing and enhancing component preventive maintenance plans. Furthermore, it can effectively manage equipment failure modes and monitor their useful life, providing valuable insights for professionals in total productive maintenance.

Details

International Journal of Quality & Reliability Management, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0265-671X

Keywords

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