• 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