These tools are decision support applications to determine the optimum time at which assets should be replaced. Age-Con is for vehicles / fleets and Perdec is for machineries and equipments. It's other purposes include: 

 

• To balance the decreasing cost of ownership with the increasing operations and maintenance cost

• To find the lowest point on the total cost of ownership curve

• Decision support tool for repair or replace

• Applies statistical analyses to your assets for the purposes of optimizing maintenance replacement costs

 

 

Benefits:

 

 

• Improved decision making, reduced cost

• Shows the equivalent annual cost (EAC) curve (based on purchase price, operations and maintenance costs

• Prompts the replacement decision at the lowest EAC

• Determines the right Repair or Replace decisions

• Monitor individual vehicles to identify the optimum replacement or disposable time

• Predicts the cost curve based on on past data (where historic data exists)

• Easy to use data entry screens requires little training

• Easy to read graphical output show results at a glance

• Simple graph export routine to show results in Power point, Excel, rtc.

• Shows the cost impact of varying average running hours / usage 

• Provides "what if" model for variances in taxes, inflation and discount rate