Date of Award

Fall 2013

Document Type

Thesis

Degree Name

Master of Science (MS)

Department

Mechanical & Aerospace Engineering

Program/Concentration

Mechanical Engineering

Committee Director

Han P. Bao

Committee Member

Miltos Kotinis

Committee Member

Gene Hou

Call Number for Print

Special Collections; LD4331.E56 O34 2013

Abstract

In a world that is highly infused with technology, it is important that an organization knows how many resources such as manpower, equipment, and funding are needed at what time so that the organization does not suffer unnecessary risks. It is also important to know when to replace equipment. After examining different methods of forecasting, it was determined that manipulation of growth curves was the best way to determine the likelihood of device failure at a specific time. An approach in engineering economics was used to estimate the cost due to the failure of various devices or groups of devices.

To reduce the likelihood of making mistakes in calculating the probability of device failure and its costs, a MatLab program was developed as a key output of this thesis. The program has a set of graphical user interfaces that use s-curves for measuring the growth, decay, and substitution of one type of device by another in the market. A by-product of this thesis is the publication of an operating manual for this program.

Rights

In Copyright. URI: http://rightsstatements.org/vocab/InC/1.0/ This Item is protected by copyright and/or related rights. You are free to use this Item in any way that is permitted by the copyright and related rights legislation that applies to your use. For other uses you need to obtain permission from the rights-holder(s).

DOI

10.25777/h68k-2843

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