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Contracting for Availability (CfA) is an increasingly adopted commercial process which consists of a partnership between customer and solution provider(s) towards supporting system availability for long periods with the target of better value for money. In a competitive bidding process,...
Persistent link: https://www.econbiz.de/10013323355
There is a valuable engineering business opportunity to be gained by judging the optimum balance between the time invested in performing Preventive Maintenance (PM) and Corrective Maintenance (CM). This paper considers this at the equipment type level, which is the Ministry of Defence’s...
Persistent link: https://www.econbiz.de/10014031374
This paper develops an agent-based model to estimate the likelihood of the No Fault Found (NFF) phenomenon. NFF events are critical problems as the root cause of an issue cannot be diagnosed. This makes it difficult to quantify associated costs as potentially serviceable equipment is being...
Persistent link: https://www.econbiz.de/10014091497
An Industrial Product-Service System (iPS2) is a system that integrates products and services based on systems thinking in an industrial context. Compared with services alone, it creates opportunities for better economic and environmental outcomes because of the additional design parameters,...
Persistent link: https://www.econbiz.de/10014031372
Life-cycle costing is a practical approach to estimate the total cost of ownership in product-service systems. In high-value manufacturing sectors, due to the complication of overhaul invoices, shop visits, repair and maintenance interventions, identifying service cost reduction opportunities...
Persistent link: https://www.econbiz.de/10014091488