Analysis of Cost Data and Development of Equipment Replacement Framework
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2002-01-01
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Abstract:The primary function of equipment managers is to provide the proper equipment, at the right time and at the lowest overall cost. A major task in accomplishing function is fleet planning, which involves identifying the requirements of equipment users, developing optimal strategies to meet those needs, and putting the plan into action. Economic equipment replacement is a complex portion of this process, and the main thrust of this research project is to develop an automated computer software to assist in replacement decisions and prioritize units for replacement. This research report is an interim documentation of the first two phases of this research project, namely the data analysis and the development of a framework for the computerized system. The next reports of this project will respectively document in detail the research conducted and the software development, providing a user manual for software implementation. The final report of this series is a brief project summary of the research development and implementation.
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Main Document Checksum:urn:sha-512:a75b8cc96f5c4b12c2fcfe3e98c1e5b383455919a3c6c4cd754a7f2b57ad5c1c538c55ac9640f5c4e85f57221d47d13d6a81d9157d57bb8a0952618d8e0d2aaa
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