Maintenance-related costs in maintenance management

Diana Barraza-Barraza, Jorge Limón-Robles, Mario G. Beruvides

Research output: Contribution to conferencePaperpeer-review

1 Scopus citations

Abstract

Before World War II, industries carried out maintenance only when equipment suffered a breakdown and no interest was showed towards its economic implications. The manufacturing conditions during WWII produced a paradigm shift in maintenance management. Avoiding failure, instead of waiting for it, led to consider costs in maintenance policies. Much research has been developed in the area of maintenance-related costs and maintenance cost models. In this research paper, these costs were analyzed to understand its applications and relevance in maintenance management. Cost categories and subcategories are used to present models and a brief discussion is presented about advantages and disadvantages of maintenance cost models.

Original languageEnglish
StatePublished - 2014
Event2014 35th International Annual Conference of the American Society for Engineering Management - Entrepreneurship Engineering: Harnessing Innovation, ASEM 2014 - Virginia Beach, United States
Duration: Oct 15 2014Oct 18 2014

Conference

Conference2014 35th International Annual Conference of the American Society for Engineering Management - Entrepreneurship Engineering: Harnessing Innovation, ASEM 2014
Country/TerritoryUnited States
CityVirginia Beach
Period10/15/1410/18/14

Keywords

  • Cost models
  • Maintenance
  • Maintenance costs

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