AGE/CON: Repair or Replace Decisions for Fleets
- To predict the optimum time at which vehicles should be replaced
- To balance the decreasing cost of ownership with the increasing operations and maintenance cost
- To find the lowest point on the total cost of ownership curve
- Decision support tool for Repair or Replace
- Applies statistical analysis to mobile equipment for the purposes of optimizing maintenance and replacement costs – trucks, buses, cars, fork lifts etc
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OREST: Optimized Equipment Replacement
- A decision support tool for analyzing reliability data
- To define the optimum preventive replacement policy for a piece of equipment based on reliability data
- Failure trend analysis
- Weibull analysis
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PERDEC: The Best Equipment Replacement Decisions
- To predict the optimum time at which machinery and equipment should be replaced
- To balance the decreasing cost of ownership with the increasing operations and maintenance cost
- To find the lowest point on the total cost of ownership curve
- Decision support tool for Repair or Replace
- Applies statistical analysis to fixed equipment for the purposes of optimizing maintenance and replacement costs – production equipment, processing equipment, motors etc
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