| dc.description.abstract | Risks prevents a firm to reach their objectives, hence risks must be avoided and, as a result of risks occurences are cost of failure. Risks should be identified and managed for minimizing company’s cost of failure. In transportation company, risks are found as a failure of vehicle’s parts. This research objectives are to identify the risk caused by parts failure, calculate risks costs and also prioritize an actions in order to minimizing the impacts toward company. Datas are collected using literature review, observation and company’s historical record, then processed with Pareto Chart to identify the risks, MTBF and MTTR and Availability formulation to find data inputs for FMEA cost-based and Monte Carlo Simulation as forecasting and validation tool for expecting parts failure cost. The results present eight identified parts as critical risks or failure mode and Rp 188.129.282,00 expected failure cost for each year mostly affected by opportunity cost of parts failure. Some actions suggestion are mentioned in purpose to minimizing failure cost. | en_US |
