Introduction to Reliability Centered Spares
Reliability Centered Spares (RCS) is a methodology used to determine the most effective spares holding policy to support your maintenance practice. It balances the cost of maintaining spares in the warehouse with the consequences of not having the spares when your maintenance need one. Although RCS principles and toolkit can independently help your warehouse to make an optimal decision on the spares holding policy, its full benefits are gained by combining the methodology with an RCM effort conducted by your maintenance department.
This paper provides a brief explanation on the underlying principles used in the RCS Methodology.
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