Abstract: Methods and apparatus for asset management are provided. The apparatus, for example, a processor to receive an input from a user via an input/output device, the input including information for a plurality of assets maintained by the user; decompose a main problem into multiple sub-problems; independently solve each of the multiple sub-problems to determine corresponding multiple sub-solutions; recombine the corresponding multiple sub-solutions into a solution to the main problem; calculate an intervention schedule for each asset of the plurality of assets based on the solution; and upon receiving a request from the user, output the intervention schedule via one of a display of the input/output device or remote electronic device in communication with the asset management apparatus.

Abstract: Methods and apparatus for asset management are provided. The apparatus, for example, a processor to receive an input including intervention information for a first plurality of assets in a first circuit and for a second plurality of assets in a second circuit in a network; create a first plurality of bundling strategies for interventions to be performed for the first plurality of assets in the first circuit and create a second plurality of bundling strategies for interventions to be performed for the second plurality of assets in the second circuit; calculate for a created first plurality of bundling strategies and a created second plurality of bundling strategies at least one of an outage duration and cost associated with the interventions; and create a schedule for performing interventions for the first plurality of assets in the first circuit and the second plurality of assets in the second circuit.

Abstract: Apparatus and methods for managing and upgrading components in an infrastructure are provided. Records relating to components may be retrieved from a database and separated into subsets based on conditions of those components, the types of those components, deterioration models of those components, and/or other factors. Future condition values may be calculated for each subset, and likelihoods of failure of components may be determined for each subset based on those future condition values. The estimated condition values may be used in order to determine an optimal approach to maintaining, refurbishing, and/or replacing the components in the infrastructure. Computational efficiency is increased.

Abstract: Automated systems and methods for use in managing collections of capital assets determine optimal replacement dates for assets based on total cost curves. Replacement dates are adjusted within ranges that avoid unacceptable risk of unmonetizable failures to satisfy constraints. Priority in adjusting replacement dates is determined based on deferral cost metrics which may be based on the total cost curves.

Abstract: Automated systems and methods for use in managing collections of capital assets determine optimal replacement dates for assets based on total cost curves. Replacement dates are adjusted within ranges that avoid unacceptable risk of unmonetizable failures to satisfy constraints. Priority in adjusting replacement dates is determined based on deferral cost metrics which may be based on the total cost curves.

Abstract: Automated systems and methods for use in managing collections of capital assets determine optimal replacement dates for assets based on total cost curves. Replacement dates are adjusted within ranges that avoid unacceptable risk of unmonetizable failures to satisfy constraints. Priority in adjusting replacement dates is determined based on deferral cost metrics which may be based on the total cost curves.

Abstract: Automated systems and methods for use in managing collections of capital assets determine optimal replacement dates for assets based on total cost curves. Replacement dates are adjusted within ranges that avoid unacceptable risk of unmonetizable failures to satisfy constraints. Priority in adjusting replacement dates is determined based on deferral cost metrics which may be based on the total cost curves.

Abstract: A system for modeling and comparing supply of and demand for output of productive assets in an asset based business, the system including a database having one or more demand data structures each comprising a device field for storing data representing a device which consumes said output of the productive assets; and an expenditure data structure associated with each device for storing one or more attribute values corresponding to cost and benefits of the device over time.