Asset

Supertype: asset

Definition: assetitem, thing or entity that has potential or actual value to an organization. ISO 55000:2014 > Note 1 to entry: Value can be tangible or intangible, financial or non-financial, and includes consideration of risks and liabilities. It can be positive or negative at different stages of the asset life. > Note 2 to entry: Physical assets usually refer to equipment, inventory and properties owned by the organization. Physical assets are the opposite of intangible assets, which are non-physical assets such as leases, brands, digital assets, use rights, licences, intellectual property rights, reputation or agreements. > Note 3 to entry: A grouping of assets referred to as an asset system could also be considered as an asset. that is used by the manufacturing process to perform tasks.

Note 1 to entry: An Assetasset that is used by the manufacturing process to perform tasks. > Note 1 to entry: An Asset relies upon an Device to provide observations and information about itself and the Device revises the information to reflect changes to the Asset during their interaction. Examples of Assets are cutting tools, Part Information, Manufacturing Processes, Fixtures, and Files. > Note 2 to entry: A singular assetId,Asset uniquely identifies an Asset throughout its lifecycle and is used to track and relate the Asset to other Devices and entities. > Note 3 to entry: Assets are temporally associated with a device and can be removed from the device without damage or alteration to its primary functions. relies upon an DeviceComponent not belonging to any Component that may have assets to provide observationsobserved value of a property at a point in time. and information about itself and the DeviceComponent not belonging to any Component that may have assets revises the information to reflect changes to the Assetasset that is used by the manufacturing process to perform tasks. > Note 1 to entry: An Asset relies upon an Device to provide observations and information about itself and the Device revises the information to reflect changes to the Asset during their interaction. Examples of Assets are cutting tools, Part Information, Manufacturing Processes, Fixtures, and Files. > Note 2 to entry: A singular assetId,Asset uniquely identifies an Asset throughout its lifecycle and is used to track and relate the Asset to other Devices and entities. > Note 3 to entry: Assets are temporally associated with a device and can be removed from the device without damage or alteration to its primary functions. during their interaction. Examples of Assetsasset that is used by the manufacturing process to perform tasks. > Note 1 to entry: An Asset relies upon an Device to provide observations and information about itself and the Device revises the information to reflect changes to the Asset during their interaction. Examples of Assets are cutting tools, Part Information, Manufacturing Processes, Fixtures, and Files. > Note 2 to entry: A singular assetId,Asset uniquely identifies an Asset throughout its lifecycle and is used to track and relate the Asset to other Devices and entities. > Note 3 to entry: Assets are temporally associated with a device and can be removed from the device without damage or alteration to its primary functions. are cutting tools, Part Information, Manufacturing Processes, Fixtures, and Files.

Note 2 to entry: A singular assetId,Asset uniquely identifies an Assetasset that is used by the manufacturing process to perform tasks. > Note 1 to entry: An Asset relies upon an Device to provide observations and information about itself and the Device revises the information to reflect changes to the Asset during their interaction. Examples of Assets are cutting tools, Part Information, Manufacturing Processes, Fixtures, and Files. > Note 2 to entry: A singular assetId,Asset uniquely identifies an Asset throughout its lifecycle and is used to track and relate the Asset to other Devices and entities. > Note 3 to entry: Assets are temporally associated with a device and can be removed from the device without damage or alteration to its primary functions. throughout its lifecycle and is used to track and relate the Assetasset that is used by the manufacturing process to perform tasks. > Note 1 to entry: An Asset relies upon an Device to provide observations and information about itself and the Device revises the information to reflect changes to the Asset during their interaction. Examples of Assets are cutting tools, Part Information, Manufacturing Processes, Fixtures, and Files. > Note 2 to entry: A singular assetId,Asset uniquely identifies an Asset throughout its lifecycle and is used to track and relate the Asset to other Devices and entities. > Note 3 to entry: Assets are temporally associated with a device and can be removed from the device without damage or alteration to its primary functions. to other DevicesComponent not belonging to any Component that may have assets and entities.

Note 3 to entry: Assetsasset that is used by the manufacturing process to perform tasks. > Note 1 to entry: An Asset relies upon an Device to provide observations and information about itself and the Device revises the information to reflect changes to the Asset during their interaction. Examples of Assets are cutting tools, Part Information, Manufacturing Processes, Fixtures, and Files. > Note 2 to entry: A singular assetId,Asset uniquely identifies an Asset throughout its lifecycle and is used to track and relate the Asset to other Devices and entities. > Note 3 to entry: Assets are temporally associated with a device and can be removed from the device without damage or alteration to its primary functions. are temporally associated with a device and can be removed from the device without damage or alteration to its primary functions.

Relations

NameTypeIntDepMultiplicityDescription
Device1

Back to top

Copyright © 2017-2026 Association for Manufacturing Technology (AMT). All rights reserved. MTConnect® is a trademark of AMT. Terms of Use.

MTConnect SysML Model V2.1