Research on Equipment Inventory Based on the Analysis of Failure Rate

Qing Li (), Guang-long Geng, Xiao-nan Ye and Guang-xun Zhu
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Qing Li: Air Force Logistics College
Guang-long Geng: Air Force Logistics College
Xiao-nan Ye: Air Force Logistics College
Guang-xun Zhu: Air Force Logistics College

Chapter Chapter 49 in Proceedings of 2012 3rd International Asia Conference on Industrial Engineering and Management Innovation (IEMI2012), 2013, pp 495-504 from Springer

Abstract: Abstract Scientific and rational equipment inventory is an important part of equipment optimization supply and management. Based on the analysis of usage failure rate, the quantitative research to determine the equipment inventory was presented. The usage failure rate of equipment and the main factors which affect the reliability of the usage of equipment were analyzed and determined. By determining the regression variables, regression coefficients, and estimating survival function and the use of failure rate, a ratio of failure rate regression model is established. A method to determine equipment inventory by using usage failure rate is proposed. The method provides the basis of decision making for the scientific management of equipment and apparatus. And it also offers the methods and means for the reasonable determination of inventory.

Keywords: Inventory study; Optimization; Equipment management; Failure rate analysis (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_49

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DOI: 10.1007/978-3-642-33012-4_49

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