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| A | Availability |
|---|---|
| ABAO | As bad as old |
| AGAN | As good as new |
| AHP | Analytical hierarchy process |
| AM | Asset management |
| ANP | Analytic network process |
| BN | Bayesian network |
| BOM | Bill of materials |
| BSC | Balanced score card |
| CAPEX | Capital Expenditure |
| CBM | Condition based maintenance |
| CM | Corrective maintenance |
| CTQ | Critical to quality characteristics |
| CMMS | Computerized maintenance management system |
| CPM | Critical path method |
| DMAIC | Define, measure, analyse, improve, control |
| DOM | Design-out maintenance |
| DPMO | Defect per million opportunities |
| EOL | End of life |
| ERP | Enterprise resource planning |
| ETA | Event tree analysis |
| EUC | Equipment under control |
| FBM | Failure based maintenance |
| FMEA | Failure mode and effect analysis |
| FTA | Fault tree analysis |
| HAZAN | Hazard and risk analysis |
| HAZOP | Hazard and operational study |
| IoT | Internet of things |
| KPI | Key performance indicator |
| LCC | Life cycle cost |
| LCP | Life cycle profit |
| LMP | Life management programme |
| LSS | Lean Six Sigma |
| MCDM | Multi criteria decision making |
| MDT | Mean down time |
| MES | Manufacturing execution system |
| MRO | Maintenance, Repair and Operations |
| MTBF | Mean time between failures |
| MUT | Mean up time |
| OE | Original equipment |
| OEE | Overall equipment effectiveness |
| OEM | Original equipment manufacturer |
| OEM/R | Remanufacturer |
| OM | Opportunistic maintenance |
| OPEX | Operational expenditure |
| PDCA | Plan, do, check, act |
| PDMP | Piecewise determinsitic Markov process |
| PM | Preventive maintenance |
| PSR | Periodic safety review |
| RAMS | Reliability, availability, maintainability, safety |
| RBIM | Risk based inspection and maintenance |
| RBM | Risk based maintenance |
| RCM | Reliability centered maintenance |
| RFID | Radio-frequency identification |
| ROI | Return on investment |
| RPN | Risk priority number |
| SIL | Safty integrity level |
| SIOPC | Supplier input process output customer |
| SIS | Safety instrumented system |
| SMED | Single minute exchange of dies |
| SSC | Structure, system and components |
| STO | Shutdowns, turnarounds, outages |
| TAR | Turnaround |
| TBM | Time based maintenance |
| TTF | Time to failure |
| TPM | Total productive maintenance |
| TPS | Toyota Production System |
| TQM | Total quality management |
| VOC | Voice of customer |