A FMEA-Aided Equipment Life-Cycle-Cost Measurement System

Chee-cheng Chen () and Hong Zhang ()
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Chee-cheng Chen: Shanghai University
Hong Zhang: Shanghai University

Chapter Chapter 26 in Proceedings of 2012 3rd International Asia Conference on Industrial Engineering and Management Innovation (IEMI2012), 2013, pp 253-261 from Springer

Abstract: Abstract This research tries to establish an optimum life cycle cost (LCC) based strategy model of equipments’ purchasing and maintenance. The study integrates the technique of failure modes and effect analysis (FMEA) and analysis of equipment maintenance cost to optimize LCC of equipments’ decision in order to sustain and promote the firms’ competitive capability. A revised FMEA table will be utilized to collect data and demonstrate the relevance among estimated failure cost, severity of effect and cost of actions-taken that constructs the main frame of the method. Finally, this study uses an equipment group in assembly house of semiconductor, S company as a case study to prove the model’s applicability and suitability.

Keywords: Equipment; Failure mode and effect analysis; Life cycle cost; Procurement strategy (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-642-33012-4_26

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DOI: 10.1007/978-3-642-33012-4_26

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