Vol. 2012 No. 1 (2012)

View Issue TOC

Methodological Evaluation of Industrial Machinery Fleet Systems in Nigerian Context Using Panel Data Estimation for System Reliability Measurement

Obiakọ Igbariam, Ahmadu Bello University, Zaria Uche Ezechi, University of Nigeria, Nsukka Chinenye Ugwuocha, Ahmadu Bello University, Zaria
DOI: 10.5281/zenodo.18960067
Published: March 5, 2012

Abstract

Industrial machinery fleets play a crucial role in Nigerian coastal engineering projects, yet their reliability is often under-researched. The research employs a fixed effects model (FE) to analyse the impact of maintenance schedules and operational conditions on machinery reliability, using a dataset comprising five years of field observations from ten coastal engineering projects in Nigeria. A positive correlation was observed between regular maintenance intervals and system availability rates, indicating that effective preventive maintenance significantly enhances fleet reliability. The fixed effects model provided robust estimates for system reliability, with confidence intervals suggesting a 95% probability of the true effect falling within the estimated range. Coastal engineering firms should implement more frequent and targeted maintenance schedules to improve machinery reliability in Nigerian contexts. Nigerian coastal engineering, industrial machinery fleets, panel data estimation, system reliability, fixed effects model The maintenance outcome was modelled as $Y_{it}=\beta_0+\beta_1X_{it}+u_i+\varepsilon_{it}$, with robustness checked using heteroskedasticity-consistent errors.

Full Text:

Read the Full Article

The HTML galley is loaded below for inline reading and better discovery.

How to Cite

Obiakọ Igbariam, Uche Ezechi, Chinenye Ugwuocha (2012). Methodological Evaluation of Industrial Machinery Fleet Systems in Nigerian Context Using Panel Data Estimation for System Reliability Measurement. African Coastal Engineering, Vol. 2012 No. 1 (2012). https://doi.org/10.5281/zenodo.18960067

Keywords

NigerianCoastalEngineeringPanelDataReliabilityEconometric

Research Snapshot

Desktop reading view
Language
EN
Formats
HTML + PDF
Publication Track
Vol. 2012 No. 1 (2012)
Current Journal
African Coastal Engineering

References