Reliability, Maintainability and Safety Is Air Liquide's Business
Reliability, Maintainability and Safety Is Air Liquide's Business
Introduction:
Air Liquide is the world leader in gases for industry, health and the environment. The Group
offers innovative solutions based on continuously enhanced technologies. They produce air
gases (oxygen, nitrogen, argon, rare gases, etc.) and many other gases, including hydrogen.
They have the ambition to lead their industry through superior performance and responsibility
over the long term. Competition is also present in the gas industry. Air Liquide attaining the #1
spot in the market is a lot of work for the management but competition is always present;
management doesn’t stop from improving their products as much as possible.
For this to happen, they need to know their market status, feedback of their customers and their
company’s current state. Using Markov Analysis as a mathematical tool in which it can be used
to help in the decision making such as the prediction of cost, estimation of product switching,
economic evaluation of an advertising campaigns and prediction of share market that sellers
will have at some future time. The purpose of this study is to maintain and improved the current
status of Air Liquide (as a whole) with their branches around the world with the help of Markov
Analysis.
Methodology:
Markov analysis, like decision analysis, is a probabilistic technique. However, Markov analysis
is different in that it does not provide a recommended decision. Instead, Markov analysis
provides probabilistic information about a decision situation that can aid the decision maker in
making a decision. In other words, Markov analysis is not an optimization technique; it is a
descriptive technique that results in probabilistic information.
Markov analysis is specifically applicable to systems that exhibit probabilistic movement from
one state (or condition) to another, over time.
Markov analysis can be used to analyze a number of different decision situations; however, one
of its most popular applications has been the analysis of customer brand switching. This is
basically a marketing application that focuses on the loyalty of customers to a particular product
brand, store, or supplier. Markov analysis provides information on the probability of customers'
switching from one brand to one or more other brands. An example of the brand-switching
problem will be used to demonstrate Markov analysis.
Result:
The following data was gathered by an interview from Mr. Francis Raymond N. Meneses:
Air Liquide:
Result will show the percentage in Material and energy of Air Liquide and other companies.
Air Liquide: 29%
Linde:25%
Praxair:14%
Air Products:13%
TNS:7%
Airgas: 7%
Messer: 5%
Discussion:
Results show that ALPI
ALPI sets a newly management technique to improve on their products, not settling on statistics
that they are ahead, they wanted to set for being the world’s leader when it comes in producing
safe and reliable gasses.