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Research on Equipment Inventory Based on the Analysis of Failure Rate

In: Proceedings of 2012 3rd International Asia Conference on Industrial Engineering and Management Innovation (IEMI2012)

Author

Listed:
  • 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)

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.

Suggested Citation

  • Qing Li & Guang-long Geng & Xiao-nan Ye & Guang-xun Zhu, 2013. "Research on Equipment Inventory Based on the Analysis of Failure Rate," Springer Books, in: Runliang Dou (ed.), Proceedings of 2012 3rd International Asia Conference on Industrial Engineering and Management Innovation (IEMI2012), edition 127, chapter 0, pages 495-504, Springer.
    • Handle: RePEc:spr:sprchp:978-3-642-33012-4_49
    DOI: 10.1007/978-3-642-33012-4_49
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