Terotechnology

Machine Shop

Terotechnology (/ˌtɪəroʊtɛkˈnɒlədʒi ˌtɛr-/; from Greek τηρεῖν tērein "to care for" and technology) is the technology of installation, including the efficient use and management of equipment. It also involves the use of technology to carry out maintenance functions in a bid to reduce cost and increase productivity.

It has been replaced with "asset management".

Definition

The term goes back to the 1970s.[1] Terotechnology is a system for the care of equipment. It includes the management, engineering, and financial expertise working together to improve the installation and operations.[2]

In practice

It involves the reliability and maintainability of physical equipment regarding installation, operation, maintenance, or replacement. Decisions are influenced by feedback throughout the life cycle of a project.[3][4] In 1992 the British Standards Institution published British Standard 3843: Guide to terotechnology. The standard was withdrawn in November 2011.[5]

See also

References

  1. ^ Koshal, D (1993). Manufacturing Engineer's Reference Book. Oxford, UK: Butterworth Heinmann Ltd. p. 18. ISBN 0-7506-1154-5. Retrieved 17 October 2021.
  2. ^ Kenton, Will. "Terotechnology". Investopedia. Investopedia. Retrieved 17 October 2021.
  3. ^ File, William T. (1993). "Terotechnology and Maintenance". 18 - Terotechnology and Maintenance. Science Direct. pp. 18/1–18/26. doi:10.1016/B978-0-08-052395-8.50022-9. ISBN 9780080523958. Retrieved 17 October 2021.
  4. ^ Mathew, Joseph; Ma, Lin; Tan, Andy; Anderson, Deryk (14 July 2006). Engineering Asset Management. Gold Coast Australia: CIEAM/MESA. p. 14. ISBN 1-84628-583-6. Retrieved 17 October 2021.
  5. ^ "Bs 3843-1:1992 Guide to Terotechnology (The Economic Management O".