ENM 590: Case Studies in Engineering Management. Condition Based Maintenance Plus Return on Investment Analysis
ARMY TANK AUTOMOTIVE RESEARCH DEVELOPMENT AND ENGINEERING CENTER WARREN MI
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The US Army Ground Vehicle community must develop an effective approach to CBM ROI analysis. The high cost of sustainment, coupled with the recent announcements about significant cuts to DoD budgets, only reinforces the need to save money and improve efficiencies wherever possible. CBM has the potential to provide these benefits if implemented properly, but the current deterministic models have proven insufficient for analyzing the complex interactions between the platform and the logistic systems that sustain them. The assumptions underlying the deterministic analyses are so broad and unsubstantiated that the analysis results have little value and are easily called into question. The objective of this case study is to develop a life cycle logistic model that incorporates system interactions and allows for analysis under uncertain conditions. This will enable a more robust ROI analysis and improve the confidence in the analysis results.
- Administration and Management