Output details
19 - Business and Management Studies
University of South Wales
Article title
Defining a bearing replacement strategy using Monte Carlo methods
Type
D - Journal article
Title of journal
International Journal of Quality & Reliability Management
Article number
-
Volume number
28
Issue number
2
First page of article
155
ISSN of journal
0265-671X
Year of publication
2011
URL
-
Number of additional authors
3
Additional information
This paper proposes a bearing replacement strategy which employs the Monte Carlo simulation method. In this contribution the method is used to estimate the economic impact on the selection of a particular bearing change strategy. The simulation demonstrates that it is possible to identify the most cost-effective approach and thus suggests a suitable bearing replacement policy, which in turn allows engineers to develop the appropriate maintenance schedules for their company.
Interdisciplinary
-
Cross-referral requested
-
Research group
1 - Centre for Enterprise
Proposed double-weighted
No
Double-weighted statement
-
Reserve for a double-weighted output
No
Non-English
No
English abstract
-
