Impacts of weibull parameters estimation on preventive maintenance cost

To maintain a production or logistic system in a state as it could perform its output is the core maintenance goal. Maintenance represents a cost for industrial realities but it is also a strategic function necessary to be competitive in the market. The Age Replacement Policy is the most diffused maintenance strategy and it is characterized by periodic replacement of components to avoid failures. Data as MTTF are used to estimate replacement intervals and the relative costs of maintenance.