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Reliability can be characterized in terms of mean time between failures (MTBF), with reliability = exp(−t/MTBF). [5] Availability means the probability that a system is operational at a given time, i.e. the amount of time a device is actually operating as the percentage of total time it should be operating. High-availability systems may ...
A capability, in the systems engineering sense, is defined as the ability to execute a specified course of action. A capability may or may not be accompanied by an intention. [ 1 ] The term is used in the defense industry but also in private industry (e.g. gap analysis ).
A simpler framework is used in the literature on Enterprise Architecture. Strategy is converted into capabilities, using a capability map, and each capability is described in terms of "people", process and technology. A target operating model can be a one-page document – the operating model Canvas is an example. [3]
Capability management is the approach to the management of an organization, typically a business organization or firm, based on the "theory of the firm" as a collection of capabilities that may be exercised to earn revenues in the marketplace and compete with other firms in the industry.
The process capability index, or process capability ratio, is a statistical measure of process capability: the ability of an engineering process to produce an output within specification limits. [1] The concept of process capability only holds meaning for processes that are in a state of statistical control. This means it cannot account for ...
Top-level business capabilities can be also organized according to main organizational functions, e.g. enable, manage and run, or aligned to core activities of the value chain, e.g. logistics, operations, sales and service. Underlying lower-level business capabilities are naturally more numerous and fine-grained.
Service management in the manufacturing context, is integrated into supply chain management as the intersection between the actual sales and the customer point of view. The aim of high-performance service management is to optimize the service-intensive supply chains, which are usually more complex than the typical finished-goods supply chain.
Military capability is defined by the Australian Defence Force as "the ability to achieve a desired effect in a specific operating environment". [1] It is defined by three interdependent factors: combat readiness , sustainable capability and force structure .