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    Correlation of Maintenance Expense With Age of Plant and the Maintenance Penalty in Value Determination

    Source: Journal of Manufacturing Science and Engineering:;1967:;volume( 089 ):;issue: 003::page 519
    Author:
    J. F. Brennan
    DOI: 10.1115/1.3610101
    Publisher: The American Society of Mechanical Engineers (ASME)
    Abstract: A statistical method is proposed for correlating maintenance expense with age of plant. The raw data are in dollars, taken from accounting record of yearly plant installations and maintenance expense. The age distribution of existing plant need not be known. By the use of the derived correlation equation, the maintenance penalty (value decrement caused by rising maintenance expense) is derived. The effect of inflation is also developed.
    keyword(s): Maintenance , Industrial plants , Inflationary universe AND Equations ,
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      Correlation of Maintenance Expense With Age of Plant and the Maintenance Penalty in Value Determination

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    https://yetl.yabesh.ir/yetl1/handle/yetl/121624
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    contributor authorJ. F. Brennan
    date accessioned2017-05-08T23:58:44Z
    date available2017-05-08T23:58:44Z
    date copyrightAugust, 1967
    date issued1967
    identifier issn1087-1357
    identifier otherJMSEFK-27512#519_1.pdf
    identifier urihttp://yetl.yabesh.ir/yetl/handle/yetl/121624
    description abstractA statistical method is proposed for correlating maintenance expense with age of plant. The raw data are in dollars, taken from accounting record of yearly plant installations and maintenance expense. The age distribution of existing plant need not be known. By the use of the derived correlation equation, the maintenance penalty (value decrement caused by rising maintenance expense) is derived. The effect of inflation is also developed.
    publisherThe American Society of Mechanical Engineers (ASME)
    titleCorrelation of Maintenance Expense With Age of Plant and the Maintenance Penalty in Value Determination
    typeJournal Paper
    journal volume89
    journal issue3
    journal titleJournal of Manufacturing Science and Engineering
    identifier doi10.1115/1.3610101
    journal fristpage519
    journal lastpage524
    identifier eissn1528-8935
    keywordsMaintenance
    keywordsIndustrial plants
    keywordsInflationary universe AND Equations
    treeJournal of Manufacturing Science and Engineering:;1967:;volume( 089 ):;issue: 003
    contenttypeFulltext
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