TY - JOUR
T1 - An availability model for the evaluation of equipment alternatives
AU - Lingaraj, B. P.
AU - Kuo, Way
PY - 1983/5
Y1 - 1983/5
N2 - An availability based model for the evaluation of alternatives in equipment replacement analysis is presented. The expected annual cost of an equipment alternative is developed as a function of availability. The least cost alternative for the desired availability is identified from cost vs. availability curves of the alternatives. A simulation approach is used to determine the availability of existing equipment. The methodology is applied to the evaluation of alternate equipment for the analysis of serum samples in a hospital laboratory. © 1983.
AB - An availability based model for the evaluation of alternatives in equipment replacement analysis is presented. The expected annual cost of an equipment alternative is developed as a function of availability. The least cost alternative for the desired availability is identified from cost vs. availability curves of the alternatives. A simulation approach is used to determine the availability of existing equipment. The methodology is applied to the evaluation of alternate equipment for the analysis of serum samples in a hospital laboratory. © 1983.
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UR - https://www.scopus.com/record/pubmetrics.uri?eid=2-s2.0-48749145935&origin=recordpage
U2 - 10.1016/0272-6963(83)90019-0
DO - 10.1016/0272-6963(83)90019-0
M3 - RGC 21 - Publication in refereed journal
SN - 0272-6963
VL - 3
SP - 149
EP - 154
JO - Journal of Operations Management
JF - Journal of Operations Management
IS - 3
ER -