GUIDELINES FOR MAKING REPAIR EXPENDITURE DECISIONS
Abstract
A methodology is developed for establishing repair expenditure limits during the normal service life of an individual unit of equipment. The methodology allows for the variation of repair expenditure limits with equipment use or age. Included is a decision logic network for item managers in establishing repair expenditure limits with respect to a given category of equipment, and for field repair personnel in applying such limits when an individual unit of equipment requires repair. The methodology includes a method of establishing equipment life expectancy and economic repair limits. Principal factors considered are standard inventory price of equipment, support costs, disposal value, obsolescence and equipment downtime.
Document Details
- Document Type
- Technical Report
- Publication Date
- Nov 01, 1968
- Accession Number
- AD0681701
Entities
Organizations
- LMI