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  • Cost Estimation for Maintenance Contracts for Complex Asset/Equipment

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    52933_1.pdf (651.0Kb)
    Author(s)
    Rahman, A
    Chattopadhyay, G
    Griffith University Author(s)
    Rahman, Anisur
    Year published
    2008
    Metadata
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    Abstract
    Maintenance contracts are becoming more and more popular to the owners of complex and critical items as maintenance through contracts reduces upfront investments in infrastructure, expertise and specialised maintenance facilities. In recent years, maintenance contracts have received significant attention due to increased profits for the service providers and reduction of risk for owners through expert services provided by the service providers. To make maintenance contracts more effective, there is a need to develop mathematical models and understand future costs that could be built into the contract price. In this paper, a ...
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    Maintenance contracts are becoming more and more popular to the owners of complex and critical items as maintenance through contracts reduces upfront investments in infrastructure, expertise and specialised maintenance facilities. In recent years, maintenance contracts have received significant attention due to increased profits for the service providers and reduction of risk for owners through expert services provided by the service providers. To make maintenance contracts more effective, there is a need to develop mathematical models and understand future costs that could be built into the contract price. In this paper, a conceptual model is developed for estimating cost of outsourcing maintenance of complex and critical asset/equipment taking into account both corrective and preventive maintenance as servicing strategies.
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    Conference Title
    IEEM: 2008 INTERNATIONAL CONFERENCE ON INDUSTRIAL ENGINEERING AND ENGINEERING MANAGEMENT, VOLS 1-3
    Publisher URI
    http://ieeexplore.ieee.org/servlet/opac?punumber=4723916
    DOI
    https://doi.org/10.1109/IEEM.2008.4738091
    Copyright Statement
    © 2008 IEEE. Personal use of this material is permitted. However, permission to reprint/republish this material for advertising or promotional purposes or for creating new collective works for resale or redistribution to servers or lists, or to reuse any copyrighted component of this work in other works must be obtained from the IEEE.
    Publication URI
    http://hdl.handle.net/10072/22885
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    • Conference outputs

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