Question

The systems approach to spares management focuses on:

A) Making sure each system component has the same level of availability.

B) Making sure the system has the desired level of uptime.

C) Making sure the system has the desired level of uptime with the minimum spares inventory investment

D) All of the above.

Answer 1

System approach to spare management is a set of different independent spare inventory working interrelatedly to accomplish least waste, most streamlined inventory level to achieve a set of objectives. Let us analyse all four options to arrive at the most optimal option.

(A) Making sure each system component has the same level of availability: On the contrary systems approach means availability of the each system spare component in the ratio of their demand and not equal for all.

(B) Making sure the system has the desired level of uptime: UPTIME is the total time in which the system is operational over the total available time. Yes

(C) Making sure the system has the desired level of uptime with the minimum spares inventory investment: This is the most optimum option.

(D) All of the above: NO

(C) is the best option.