Expected Maintenance Cost

View in library docs
eMainC(g)\mathit{e}\mathit{MainC}(g)
Dimension:
Cost
Granularity:
Group of cases

Description

Expected maintenance cost associated with a case belonging to a group of cases.

Potential use

Process where the cost of conducting maintenance is relevant.

Assumptions

Minimizing maintenance cost is desirable.

Desired Value:

MINIMIZE

Required attributes

case
mainc

Equations

Formula for practitioners

MainC(g)C(g)\frac{\mathit{MainC}(g)}{\mathit{C}(g)}

MainC(g)\mathit{MainC}(g) returns the total maintenance cost for group gg.
C(g)\mathit{C}(g) returns the number of cases in group gg.

Formal Definition

MainC(g)C(g)\frac{\mathit{MainC}(g)}{\mathit{C}(g)}

Tags

case
mainc

Python implementation

This indicator is implemented in the process_performance_indicators Python library.

process_performance_indicators.indicators.cost.groups.expected_maintenance_cost