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Operational availability is a management concept that evaluates the following. [1] Diagnostic down time; Criticality; Fault isolation down time; Logistics delay down time; Corrective maintenance down time; Any failed item that is not corrected will induce operational failure. is used to evaluate that risk. Operational failure is unacceptable in ...
In Availability-based Contracts, [2] instead of parts, the supplier is paid for a guaranteed level of services, performance, and system capability, similar to availability-based tariffs for electric power. [3] The supplier often has to guarantee the availability and preparedness of system at lesser costs by considering the logistics as
Availability, achieved (Aa) [6] The probability that an item will operate satisfactorily at a given point in time when used under stated conditions in an ideal support environment (i.e., that personnel, tools, spares, etc. are instantaneously available). It excludes logistics time and waiting or administrative downtime.
Typically, supply-chain managers aim to maximize the profitable operation of their manufacturing and distribution supply chain. This could include measures like maximizing gross margin return on inventory invested (balancing the cost of inventory at all points in the supply chain with availability to the customer), minimizing total operating expenses (transportation, inventory and ...
Available-to-promise (ATP) is a business function that provides a response to customer order inquiries, based on resource availability. [1] It generates available quantities of the requested product, and delivery due dates. Therefore, ATP supports order promising and fulfillment, aiming to manage demand and match it to production plans.
Availability includes non-operational periods associated with reliability, maintenance, and logistics. This is measured in terms of nines. Five-9's (99.999%) means less than 5 minutes when the system is not operating correctly over the span of one year. Availability is only meaningful for supportable systems.
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