Replacement analysis using probabilistic life cycle costing
Life-cycle cost (LCC) is the most frequently used economic model for decision making that considers all costs in the life of a system or equipment. The LCC of repairable equipment highly depends on the reliability and availability of the equipment. Optimum equipment reliability reduces failure which...
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| Format: | Article |
| Published: |
Asian Research Publishing Network
2016
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| Online Access: | https://www.scopus.com/inward/record.uri?eid=2-s2.0-85007154597&partnerID=40&md5=c31bb3992e23278e87813f61e015cc9d http://eprints.utp.edu.my/25855/ |
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