Applications of Monte Carlo Simulation to Vehicle Maintenance and Component Remanufacturing Decisions

Abstract

As component and systems sophistication in both cars and trucks increase, improved diagnostic capabilities are required to assure proper and expedient serviceability. Replacement of electrical modules, starter motors, carburetors, fuel injectors and even whole engines or transmissions is encouraged by high labor costs and continued vehicle mobility mandates. The remanufacturing business has grown and components previously discarded now provide valuable core elements to feed the industry. To achieve efficient utilization of capital, equipment and labor, remanufacturers must estimate when this supply of core elements will be available and plan their production schedules accordingly. In order to properly service private individuals and commercial fleets, minimize vehicle downtime and reduce life cycle costs, adaptation of available analytical tools must be made. This paper adopts the Monte Carlo simulation model as a predictive tool for OEM's, remanufacturers and large fleets to gauge the requirements for maintenance and facility requirements.