Ch%2015_p3B

Ch%2015_p3B - Ch 15_p3B Page 1 Chapter 15 Problem 3 B Mean...

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Unformatted text preview: Ch 15_p3B Page 1 Chapter 15 Problem 3 B Mean Lifetime 100 Shutdown cost $100.00 Drill Bit cost $50.00 Replacement Cost $10.00 Block Replacement Total Cost #ADDIN? Time Over 800 hours? $- #ADDIN? #ADDIN? #ADDIN? #ADDIN? 1 #ADDIN? $280.00 #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? $280.00 #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? $280.00 #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? $280.00 #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? $280.00 #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? $280.00 #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? $280.00 #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? $280.00 #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? $280.00 #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? $280.00 #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? $280.00 #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? $280.00 #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? $280.00 #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? $280.00 #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? $280.00 #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? $280.00 #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? $280.00 #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? $280.00 #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? $280.00 #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? $280.00 #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? $280.00 #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? $280.00 #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? $280.00 #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? $280.00 #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? $280.00 #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? $280.00 #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? $280.00 #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? $280.00 #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? $280.00 #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? $280.00 #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? $280.00 #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? $280.00 #ADDIN? #ADDIN? #ADDIN? #ADDIN? #ADDIN? Cost incurred doing block replacement Time of next failure Bit 1 next fails Bit 2 next fails Bit 3 next fails Ch 15_p3B Page 2 Summary Information Workbook Name Ch 15_p3B.xls Number of Simulations 1 Number of Iterations 1000 Number of Inputs 99 Number of Outputs 1 Sampling Type Latin Hypercube Simulation Start Time 3/31/2010 10:20 Simulation Stop Time 3/31/2010 10:20 Simulation Duration 00:00:01 Random Seed 1905497623 Output Statistics Name Cell Minimum Mean Maximum x1 p1 x2 p2 Total Cost B10 $2,240.00 $6,683.32 $8,960.00 $4,480.00 5% $8,960.00 95% We see that the average hourly cost is $8.35 (for 800 hours) Consequently, Individual Replacement is better as averege hourly cost is $4.78. Page 3 of 6 Simulation Summary Summary Information...
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This note was uploaded on 05/09/2010 for the course MD 605 taught by Professor Silks during the Fall '10 term at box.

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Ch%2015_p3B - Ch 15_p3B Page 1 Chapter 15 Problem 3 B Mean...

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