System Asset Records

System Asset records store information about equipment and locations that exist in the System Analysis diagram. The following table provides an alphabetical list and description of the fields that exist for the System Asset family and appear by default on the System Asset datasheet. The information in the table reflects the baseline state and behavior of these fields. This list is not comprehensive.

This family is enabled for site filtering, which means that records in this family can be assigned to a specific site, and will then only be accessible to users who are assigned to the same site and have the appropriate license and family privileges. See the Site Filtering section of the documentation for more information on using this feature.

Field Caption Data Type Description Behavior and Usage
Description Text A detailed description that allows you to identify the piece of equipment or location and distinguish it from other pieces of equipment and locations.

You can define this value manually by entering text in the Description box.

This field appears in the General section.

Fixed Cost Number The fixed cost of the piece of equipment or location when it fails. Fixed cost does not change as a result of other variables such as downtime. An example of fixed unplanned correction cost is the cost of a new piece of equipment.

By default, the Fixed Cost is set to 0 (zero).

This field appears in the Financial Consequences section.

GUID Character A value that uniquely identifies the record within a System Reliability Analysis.

This value is generated automatically by the GE Digital APM system and disabled. In System Reliability Analyses, GUIDs are used to identify records because Entity Keys will not exist until a record is saved. Since a System Reliability Analysis may contain unsaved records, it is necessary to use a value that uniquely identifies those records within the system.

This field does not appear in the Properties pane.

Lost Production Cost Number The financial amount of lost production per unit of time when the system is stopped or unable to run.

By default, the Lost Production Cost is set to 0 (zero) by default.

This field appears in the Financial Consequences section.

Lost Production Cost Units Character The time units associated with the value in the Lost Production Cost field.

You can select a value from the following options:

  • Per Hour
  • Per Day
  • Per Week
  • Per Month
  • Per Year

This field appears in the Financial Consequences section.

Name Character The name of the piece of equipment or location.

This value is populated automatically with Asset. You can define this value manually.

This field appears in the General section.

Production Contribution Number

The percentage that this piece of equipment or location will contribute to the overall production capacity of its parent system, with respect to other elements that are running in parallel to the piece of equipment or location.

For example, if two pieces of equipment are running in parallel with one another and each one contributes 50% to the overall production output, you would enter a value of 50 in the Production Contribution field of each piece of equipment or location. The Production Contribution of each element in the Diagram will be used to calculate the overall production loss of the parent system when one or more elements are down.

By default, the Production Contribution is set to 100. If the piece of equipment or location does not contribute to the overall production output of its parent system, you can set the Production Contribution to 0 (zero).

This field appears in the General section.

Variable Cost Number The cost incurred during downtime due to failures or shutdowns.

By default, the Variable Cost is set to 0 (zero).

This field appears in the Financial Consequences section.

Variable Cost Units Character The time units associated with the value in the Variable Cost field.

You can select a value from the following options:

  • Per Hour
  • Per Day
  • Per Week
  • Per Month
  • Per Year

This field appears in the Financial Consequences section.

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