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Greek
Terotechnology
is a branch of applied
science for measuring the
operational values of physical assets.
It is concerned with activities such as
the installation, maintenance and
replacement of those assets.
The
Maintenance
in Terotechnology
covers maintenance management,
man-machine-maintenance-economy
interfaces, reliability and risk
management, data management
and databases optimization,
condition monitoring, conditionbased maintenance and its impact
on companys business
Part
There
costs:
1)Acquisition Cost
2)Operating Cost
3)Disposal Cost
Major
part of terotechnology is in
understanding the role of maintenance
and the value of a warranty. Many larger
pieces of equipment and other physical
assets come with warranties offered by
the manufacturer or vendor. In
terotechnology, the way in which these
warranties provide value relative to
projected costs is examined.
Terotechnology
Terotechnologyrepresents
a
differentiation between all of the
physical assets that a business owns
and other assets that are intangible
and not associated with operating
costs.
The science of evaluating physical
equipment is a way to manage the
inevitable and necessary ownership of
functional property.
Terotechnology
is a holistic approach
on operational asset management
with key emphasis on financial
aspect of efficient maintenance.
It is the bread-and-butter of cost
optimization of overhead expenses.
Systemekonomi
by Basim Al Najjar,
Ph.D.
http://www.wisegeek.com/what-isterotechnology.htm