This paper describes the development of a model to predict the hourly cost of downtime (using regression equations) for tracked hydraulic excavators operating in the UK opencast mining industry. A three-stage process was utilized for the model's development. The first stage predicted machine cycle times, the second predicted hire costs per hour and the third used the outputs of the first two to forecast the cost of breakdown. Both cycle time and hire cost models were revealed to be good predictors, as exhibited by the 'high' R 2 values of 0.86 and 0.95, respectively. A plant expert employed within the Defence Logistics Organisation, UK Ministry of Defence, validated these regression models and the process by which downtime costs were predicted. Future research work will aim to enhance the predictive ability of the models developed, expand the research to cover other machine types, and reproduce the findings in graphical and tabular format to improve the interpretation of information generated.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 20 (2002) Issue (Month): 7 (October) Pages: 581-591 Download reference. The following formats are available: HTML
(with abstract),
plain text
(with abstract),
BibTeX,
RIS (EndNote, RefMan, ProCite),
ReDIF