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System, method and computer program product for total effective cost management

  • US 20060041459A1
  • Filed: 08/18/2004
  • Published: 02/23/2006
  • Est. Priority Date: 08/18/2004
  • Status: Abandoned Application
First Claim
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1. A system for total effective cost management in an organization, the system comprising:

  • a processing element capable of creating a maintenance plan for the organization, the maintenance plan including at least one task performed during maintenance of the organization, wherein the processing element is also capable of creating a plurality of different maintenance schedules for performing the at least one task of the maintenance plan, wherein the processing element is capable of determining a total effective cost (TEC) associated with each maintenance schedule based upon a cost and an availability associated with the maintenance schedule, the availability being based upon a down time and a mission time associated with the maintenance schedule, and wherein the processing element is capable of at least one of selecting and receiving a selection of a maintenance schedule from the plurality of different maintenance schedules based upon the TEC for each maintenance schedule.

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