Inventory Management and Maintenance in Offshore Vessel Industry

Table 1

Inventory data.

Part	Cost (new)	Cost (repair)	Availability	Downtime cost
Ballast pump	$1400	$500	7	$16,387
Starter	$900	$200	6	$15,000
Mud pump	$2000	$700	5	$10,925
Filter	$30	$30	1	$2,185
Valves	$100	$30	3	$5,462