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ASTM E2497-06

Historical Revision

Standard Practice for Calculation of Asset Movement Velocity (AMV)

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1.1 This practice calculates equipment movement velocity (EMV) based on the movement of equipment.

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

1.3 This practice is designed to be applicable and appropriate for all equipment-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 EMV can be calculated for the entirety of the equipment inventory of the entity or any defined subset, including individual items of equipment.

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.


SDO ASTM: ASTM International
Document Number E2497
Publication Date Oct. 1, 2006
Language en - English
Page Count 2
Revision Level 06
Supercedes
Committee E53.01
Publish Date Document Id Type View
Dec. 1, 2011 E2497-11 Revision
Oct. 1, 2006 E2497-06 Revision
Nov. 1, 2017 E2497-11R17 Reaffirmation