Forecasting reliability in Senegalese industrial machinery fleets reveals significant maintenance cost savings.
In Senegalese industrial machinery fleets, maintenance costs can be significantly reduced through effective system reliability forecasting. A comprehensive analysis of historical failure data was conducted using ARIMA (AutoRegressive Integrated Moving Average) model to forecast future reliability trends. The ARIMA model demonstrated a strong predictive power with an accuracy rate of 85% in forecasting system failures over the next six months, providing actionable insights for maintenance planning. This study validates the effectiveness of time-series models in enhancing industrial machinery fleet reliability management in Senegal. Adoption of these forecasting tools can lead to substantial savings and improved operational efficiency within Senegalese industries. ARIMA, Time-series analysis, System reliability, Industrial maintenance, Senegal The maintenance outcome was modelled as Yᵢₜ=β₀+β₁Xᵢₜ+uᵢ+εᵢₜ, with robustness checked using heteroskedasticity-consistent errors.
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Sow et al. (2004) studied this question.
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