DocumentCode
3333783
Title
Leveraging Total Ownership Cost analysis to optimize in-service R&M programs
Author
Millhouse, John
Author_Institution
TFD Group, Monterey, CA
fYear
2009
fDate
26-29 Jan. 2009
Firstpage
477
Lastpage
482
Abstract
There will never be enough money for all the reliability and maintainability (R&M) investments we can identify as potentially worthwhile. However, innovative processing of the output of sufficiently detailed total ownership cost analyses makes it possible to identify the most promising improvement opportunities, rank them in order of economic viability, and build competitive business cases for implementation. A powerful and highly intuitive software prototype has been deployed to this end into several weapon system programs. While the extent to which it achieves its basic aim of optimizing resource investments will take some years to establish, sufficient interest has been generated to justify significant refinement effort.
Keywords
reliability; maintainability; reliability; total ownership cost analysis; Availability; Cost function; Hardware; Investments; Logistics; Maintenance; Power generation economics; Software prototyping; Spirals; Weapons;
fLanguage
English
Publisher
ieee
Conference_Titel
Reliability and Maintainability Symposium, 2009. RAMS 2009. Annual
Conference_Location
Fort Worth, TX
ISSN
0149-144X
Print_ISBN
978-1-4244-2508-2
Electronic_ISBN
0149-144X
Type
conf
DOI
10.1109/RAMS.2009.4914723
Filename
4914723
Link To Document