Downloads: 141 | Views: 313
Research Paper | Statistics | Nigeria | Volume 4 Issue 1, January 2015 | Popularity: 6.6 / 10
Risk Management of Some Machines in Centre for Equipment Maintenance and Industrial Training (CEMIT) in Modibbo Adama University of Technology, Yola
Dzarma, Daniel Ezra, S.S. Abdulkadir, Idama E.A
Abstract: Centre for Equipment Maintenance and Industrial Training (CEMIT) in Modibbo Adama University of Technology, Yola faces some risks associated with machines operations. The following method were used to address the problems Structured questionnaire was used to obtained data on financial losses from CEMIT. The Annualized Loss Expectancy Model (ALEM) was employed to analyse the data. The analysis of the data obtained reveals that the tenoning machine has highest ALE of 800, 000, next to it is circular saw machine which has The Annualized Loss Expectancy ALE of 559, 980, Spindle moulding machine which has ALE of 329, 985 is third and mortising machine with ALE 0f 25, 000 is the least. The management were recommended to allocate resources for the maintenance of the machine in the order of their ALE priority. The assets with highest ALE should be allocated higher resources likewise with the subsequent assets.
Keywords: Risk, management, Annual Loss, and machines
Edition: Volume 4 Issue 1, January 2015
Pages: 917 - 920
Make Sure to Disable the Pop-Up Blocker of Web Browser
Similar Articles
Downloads: 190 | Weekly Hits: ⮙1 | Monthly Hits: ⮙1
Research Paper, Statistics, Kenya, Volume 3 Issue 8, August 2014
Pages: 290 - 294Modeling Breast Cancer Risks Using Artificial Neural Network: A Case Study of Kenyatta National Hospital in Nairobi, Kenya
Rachael Wanjiru Njoroge, Dr. Anthony Waititu, Dr. Anthony Wanjoya
Downloads: 0
Dissertation Chapters, Statistics, India, Volume 11 Issue 12, December 2022
Pages: 502 - 507Impact of Demographic Variables on Buying Behaviour of Life Insurance Policy: An Empirical Study
K. Navatha, V. V Hara Gopal
Downloads: 2 | Monthly Hits: ⮙1
Research Paper, Statistics, Ghana, Volume 10 Issue 11, November 2021
Pages: 585 - 589Modelling Adversarial Risk in Big Data
Boakye Agyemang, Bashiru I. I. Saeed, Albert Luguterah, Samuel Baffoe
Downloads: 2 | Weekly Hits: ⮙1 | Monthly Hits: ⮙1
Research Paper, Statistics, Ghana, Volume 12 Issue 7, July 2023
Pages: 2203 - 2207Statistical Analysis of Risk Factors Associated with Anaemia among Children Under Five Years in Western Ghana
Christiana C. Nyarko, Peter K. Nyarko
Downloads: 2 | Weekly Hits: ⮙1 | Monthly Hits: ⮙1
Analysis Study Research Paper, Statistics, India, Volume 12 Issue 12, December 2023
Pages: 990 - 996Estimating the Risk for Development of Breast Cancer using Gail Model
Uma G, Joyce Sharline S