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The Economic Aspects of Internet of Things for A Public Transport System
Hennie Husniah1); Andriana1); Kusmaya1); Gun Gunawan1); Asep K. Supriatna2)

1) Department of Industrial Engineering, Langlangbuana University
Bandung – West Java 40261, Indonesia

2) Department of Mathematics, Padjadjaran University
Bandung – West Java 45363, Indonesia


Abstract

This paper study the economic aspects of the application of Internet of things (IoT) for vehicle used to support operations in the public transportation system. A vehicle will experience deterioration (decreased reliability) with the rate of use and age. To maintain high availability and improve vehicle reliability, condition-based maintenance is used to reduce the occurrence of damage and downtime. The degradation process is considered to be influenced by age, usage and operating condition. The use of the IoT has been proved to be economically feasible in reducing the cost of maintenance.

Keywords: IoT, maintenance, expected profit

Topic: Economics

Link: https://ifory.id/abstract/PLeJKTcWgpkn

Conference: The 2nd Mulawarman International Conference on Economics and Business (MICEB 2019)

Plain Format | Corresponding Author (Asep Supriatna)

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