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Definitions (149)
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Maintenance Engineering
Maintenance Engineers work on design specifications of minor modifications, preventive maintenance documentation, problem identification and elimination, maintenance training, and maintenance technica [..]
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Unscheduled Maintenance Work
Work added to the schedule after the cut-off time.
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Actuarial analysis
Statistical calculation, especially of life expectancy
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Add-on work
Work added to a maintenance schedule after the agreed upon cut-off time for the schedule.
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Action results Indicator
Key Performance Indicators used for measuring results of actions that indirectly or directly impacts the financial performance of the company. Examples
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action results indicator
Key Performance Indicators used for measuring results of actions that indirectly or directly impacts the financial performance of the company. Examples
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apprentice
An employee in a certified training program to become a craftsperson.
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Asset
An accounting term for any physical thing owned by a plant, such as buildings, equipment, desks, software, computers etc.
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Asset number
A number that follows a particular asset in a plant, should be used for accounting purposes. Note an asset number is different from an equipment location number. An equipment location number stays in [..]
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Asset Replacement Value
The current accounting value of all combined physical assets in a plant.
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