James D. Solomon

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An alternate method for conducting asset criticality ranking for use on industrial assets and public infrastructure can result in staff time savings of up to 70% as compared to traditional methods, which are time consuming and sometimes misleading. The methodology proposed in this paper does follow many of the traditional approaches, including the use of(More)
Common approaches to addressing renewal and replacement rely on limited analysis of maintenance strategies and on deterministic approaches with finite, best approximation inputs. These over-simplified approaches yield results that greatly overestimate, or in many cases greatly underestimate, uncertainty and risk. Decision makers are often placed in a poor(More)
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