Purpose – The purpose of this paper is to describe a structured framework to implement and sustain a quality costing system (QCS) based on process cost modeling (PCM) in process industries. Design/methodology/approach – After reviewing and analyzing various cost accounting methodologies...

Purpose – To permit the system safety and reliability analysts to evaluate the criticality or risk associated with item failure modes. Design/methodology/approach – The factors considered in traditional failure mode and effect analysis (FMEA) for risk assessment are frequency of occurrence (...

Purpose – The aim of this paper is to permit system reliability analysts/managers/practitioners/engineers to analyse system failure behaviour more consistently and plan suitable maintenance actions accordingly. Design/methodology/approach – The paper adopted three important tools, namely,...

Purpose – To examine the need to develop, practice and implement such maintenance practices, which not only reduce sudden sporadic failures in semi‐automated cells but also reduce both operation and maintenance (O&M) costs. Design/methodology/approach – A case‐based approach in...