AAOM Handbook

Anglo American Operating Model Glossary of Terms

Set Performance Targets ......................................................................................4 Asset Integrity....................................................................................................4 Business Structure ............................................................................................4 Company ........................................................................................................... 4 Dependent Variation..........................................................................................4 Effectiveness ..................................................................................................... 4 Efficiency ........................................................................................................... 4 Facility ...............................................................................................................5 Flow Sheet ........................................................................................................5 Independent Variation .......................................................................................5 Operation(s) ......................................................................................................5 Monte Carlo Simulation .....................................................................................5 Performance Model ........................................................................................... 6 Performance Targets.........................................................................................6 PERTValue Function ......................................................................................... 6 Process .............................................................................................................6 Productive Unit .................................................................................................. 7 Sustainability .....................................................................................................7 Set Production / Service Strategy .........................................................................8 Completion Tolerance .......................................................................................8 Component/Location .........................................................................................8 Corrective Action ............................................................................................... 8 Criticality Rating ................................................................................................8 Design Specifications ........................................................................................9 Detectable Threat Onset ...................................................................................9 Equipment/Workplace .......................................................................................9 Fulfilment Lead Time .........................................................................................9 Functional Life ................................................................................................... 9 Function of an asset ..........................................................................................9 Functional failure ............................................................................................. 10 Operating Parameters ..................................................................................... 10 Operating Rate ................................................................................................ 10 Operating Time................................................................................................10 Part..................................................................................................................10 Production Strategy ......................................................................................... 10 Production Work .............................................................................................. 10 Service Strategy .............................................................................................. 11 Service Work ................................................................................................... 11 Support Work ..................................................................................................11 Threat .............................................................................................................. 11

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