Spares Analysis Records

A Spares Analysis record stores information about an analysis that helps you maintain the optimal number of spare parts. The following table provides an alphabetical list and description of the fields that exist for the Spares Analysis family and appear on the Spares Analysis datasheet by default.

This family is enabled for site filtering, which means that records in this family can be assigned to a specific site, and will then only be accessible to users who are assigned to the same site and have the appropriate license and family privileges. See the Site Filtering section of the documentation for more information on using this feature.

Field Data Type Description Behavior and Usage
Analysis Name Character The name of the Spares Analysis. You can modify the default value in this box to change the name of the existing analysis. The name of each Spare Analysis must be unique. This field is required.
Currency Character The currency that will be used as a label throughout the Spares Analysis for all cost boxes and in the plots.

You can enter symbols and text in the Currency box. For example, you can enter the symbol for U.S. currency, $, or you can enter text for U.S. currency, US Dollars. Any data that you enter in the Cost boxes throughout the analysis must be appropriate for the type of currency that you enter in the Currency box.

 

Description Character

A text field that stores any additional information about the Spares Analysis.

You can enter text manually to define this value.
Enable Random Seed Logical Specifies whether or not you want to run the Monte Carlo simulation for random results. If you select the Enable Random Seed check box, you will generate different results each time you run the Monte Carlo simulation.
Number of Iterations Number The number of times the GE Digital APM system will perform calculations on the Spares Analysis data when you run the Monte Carlo simulation.

When you create a new Spares Analysis, the Number of Iterations is set to 1000 by default. You can enter a different number of iterations. If the number of iterations is large, it will take longer for the simulation results to run and will result in more accurate Monte Carlo results.

An Event Log is created for each holding level for every Spare for each iteration in a Spares Analysis. If you enable Event Logs for a Spares Analysis with a large number of iterations, a large number of Event Logs will be created, and the simulation will take longer to complete. When you enable Event Logs, you should change the number of iterations to a small number (i.e., one) so a small number of Event Log files will be created and the simulation will run in the shortest amount of time.

Simulation End Date Date A date that defines the end of the analysis period. When you create a new analysis, the end date of the analysis is set by default to the first day of the year that is 10 years after the current date. For example, if the start date is 1/1/2015 by default, then the end date will be set to 1/1/2025 by default. You can enter or select a different end date. The end date must be after the start date. If the end date is before the specified start date, an error message appears when you attempt to save the analysis.
Simulation Start Date Date A date that defines the beginning of the analysis period. When you create a new analysis, the start date is set by default to the first day of the current year. For example, for the analyses created in the year 2015, the start date will be set to 1/1/2015 by default. You can enter or select a different start date. If the start date is after the specified end date, an error message appears when you attempt to save the analysis.

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