Optimum Reliability at Minimum CostSource: Journal of Manufacturing Science and Engineering:;1976:;volume( 098 ):;issue: 003::page 1066Author:R. G. Fenton
DOI: 10.1115/1.3439007Publisher: The American Society of Mechanical Engineers (ASME)
Abstract: An analytical expression is derived for the total cost of equipments, including initial capital cost and the present value of the inflation escalated cost of the expected failures throughout the service life of the equipment. This total cost is a function of the reliability of the equipment, therefore, using numerical optimization the most suitable equipment can be selected for which the total cost is minimum.
keyword(s): Reliability , Inflationary universe , Service life (Equipment) , Optimization AND Failure ,
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| contributor author | R. G. Fenton | |
| date accessioned | 2017-05-08T23:01:24Z | |
| date available | 2017-05-08T23:01:24Z | |
| date copyright | August, 1976 | |
| date issued | 1976 | |
| identifier issn | 1087-1357 | |
| identifier other | JMSEFK-27644#1066_1.pdf | |
| identifier uri | http://yetl.yabesh.ir/yetl/handle/yetl/89029 | |
| description abstract | An analytical expression is derived for the total cost of equipments, including initial capital cost and the present value of the inflation escalated cost of the expected failures throughout the service life of the equipment. This total cost is a function of the reliability of the equipment, therefore, using numerical optimization the most suitable equipment can be selected for which the total cost is minimum. | |
| publisher | The American Society of Mechanical Engineers (ASME) | |
| title | Optimum Reliability at Minimum Cost | |
| type | Journal Paper | |
| journal volume | 98 | |
| journal issue | 3 | |
| journal title | Journal of Manufacturing Science and Engineering | |
| identifier doi | 10.1115/1.3439007 | |
| journal fristpage | 1066 | |
| journal lastpage | 1068 | |
| identifier eissn | 1528-8935 | |
| keywords | Reliability | |
| keywords | Inflationary universe | |
| keywords | Service life (Equipment) | |
| keywords | Optimization AND Failure | |
| tree | Journal of Manufacturing Science and Engineering:;1976:;volume( 098 ):;issue: 003 | |
| contenttype | Fulltext |