An engineering approach to optimize system design and spare parts inventory

2003 ◽  
Vol 8 (2-3) ◽  
pp. 161-170
Author(s):  
J. CHABOT ◽  
Y. DUTUIT ◽  
A. RAUZY ◽  
J. P. SIGNORET
Author(s):  
Dilay Celebi ◽  
Demet Bayraktar ◽  
Selcen Ozturkcan

2015 ◽  
Vol 5 (3) ◽  
pp. 811-817
Author(s):  
O. A. Adebimpe ◽  
V. Oladokun ◽  
O. E. Charles-Owaba

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 deriving optimal maintenance interval. A case of a manufacturing firm in Nigeria was observed and the data was used to evaluate the model.


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