RISK MODELLING OF HEAVY MOBILE EQUIPMENT TO DETERMINE OPTIMUM REPLACEMENT AGES

Maintenance and physical asset managers often have to decide when a major asset needs to be replaced. The main objective of this study was to develop a methodology to determine the optimum replacement age of heavy mobile equipment that is close to the end of its life. The study was conducted on an o...

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Bibliographic Details
Main Authors: Carl Kirstein, Jacobus Krige Visser
Format: Article
Language:English
Published: Stellenbosch University 2017-12-01
Series:South African Journal of Industrial Engineering
Subjects:
Online Access:http://sajie.journals.ac.za/pub/article/view/1591