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