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ASTM E 2497 : 2011

Superseded

Superseded

A superseded Standard is one, which is fully replaced by another Standard, which is a new edition of the same Standard.

View Superseded by

Standard Practice for Calculation of Asset Movement Velocity (AMV)

Available format(s)

Hardcopy , PDF

Superseded date

29-08-2020

Language(s)

English

Published date

01-12-2011

€59.22
Excluding VAT

Committee
E 53
DocumentType
Standard Practice
Pages
2
PublisherName
American Society for Testing and Materials
Status
Superseded
SupersededBy
Supersedes

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.

ASTM E 2675 : 2009 : R2014 Standard Practice for Property Management System Outcomes

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