ASTM-E2497 2011

$35.75

E2497-11 Standard Practice for Calculation of Asset Movement Velocity (AMV)

Published By	Publication Date	Number of Pages
ASTM	2011	2

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Categories: 25.060.20 - Dividing and tool-workpiece holding devices, ASTM

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Description

ASTM E2497-11

Historical Standard: Standard Practice for Calculation of Asset Movement Velocity (AMV)

ASTM E2497

Scope

1.1 This practice calculates asset movement velocity (AMV) based on the movement of assets.

1.2 There is no existing, recognized practice for calculating AMV.

1.3 This practice is designed to be applicable and appropriate for all asset-holding entities.

1.4 This practice does not cover material inventory. Inventory velocity (or inventory turns) is extensively described and discussed in supply chain literature and is based on throughput rather than movement transactions.

1.5 AMV can be calculated for the entirety of the asset inventory of the entity or any defined subset, including individual assets.

1.6 This standard does not purport to address all of the safety concerns, if any, associated with its use. It is the responsibility of the user of this standard to establish appropriate safety and health practices and determine the applicability of regulatory limitations prior to use.

Keywords

AMV; assets; asset movement velocity; location; moveable property; physical location; physical location level; physical location tracking; PLL; property; spatial tracking; transactions; EMV (equipment movement velocity); Equipment movement velocity (EMV)

ICS Code

ICS Number Code 25.060.20 (Dividing and tool-workpiece holding devices)

DOI: 10.1520/E2497-11

PDF Catalog

PDF Pages	PDF Title
1	Scope Terminology Significance and Use AMV Calculation
2	Report Keywords

Additional information

Standard Title	E2497-11 Standard Practice for Calculation of Asset Movement Velocity (AMV)
Published Code	ASTM
Publication Date	2011
Pages Count	2
ICS Codes	25.060.20 - Dividing and tool-workpiece holding devices