Preventive Maintenance Interval Prediction: a Spare Parts Inventory Cost and Lost Earning Based Model

In this paper, some preventive maintenance parameters in manufacturing firms were identified and used to develop cost based functions in terms of machine preventive maintenance. The proposed cost based model considers system’s reliability, cost of keeping spare parts inventory and lost earnings in d...

Full description

Bibliographic Details
Main Authors: O. A. Adebimpe, V. Oladokun, O. E. Charles-Owaba
Format: Article
Language:English
Published: D. G. Pylarinos 2015-06-01
Series:Engineering, Technology & Applied Science Research
Subjects:
Online Access:http://etasr.com/index.php/ETASR/article/download/565/297