Purpose – To define availability importance measures in order to calculate the criticality of each component or subsystem from the availability point of view and also to demonstrate the application of such importance measures for achieving optimal resource allocation to arrive at the best...

Purpose – The purpose of this paper is to review, discuss and further develop the production assurance (PA) concept; and to define and describe a typical production assurance program (PAP) and its elements. Design/methodology/approach – An explorative literature study covering PA and...

Purpose – The purpose of this paper is to propose a new measure for criticality analysis of different components of a production plant, called cost‐effective importance measure (CEIM) that considers the component's performance, system structure and economic aspects....