The Impact of Installed Base and Machine Failure Prediction on Spare Parts Forecasting and Inventory Planning by Michael Patrick Brocks and

  • Michael Patrick Brocks, Renzo Eliseo Trujillo Castaneda
  • Published 2016


Recent advances in technological capability and economics have opened up a new world of capability known as the Internet of Things (IoT). The Internet of Things is the concept that all machines can be connected to the internet, and be remotely monitored through an infrastructure of interconnected software and hardware. Many companies are just beginning to… (More)

14 Figures and Tables


  • Presentations referencing similar topics