Come visit Ridgetop Group at the 2017 AutoTestCon being held at the Renaissance Schaumburg Convention Center Hotel in Schaumburg, Illinois from September 11-14, 2017.
This year, our esteemed Senior Researcher, Dr. Ferenc Szidarovszky, will be presenting his paper “A New Method to Estimate Expected Number of Failures for Allocating Spare Parts and Labor”. Dr. Szidarovszky will explain how, in determining the optimal allocation of spare parts and labor in a machine shop, that in addition to planned inspections, the random failures must be considered as well. He will discuss the mathematical model in which partial repairs are considered, when at each repair the effective age decreases by a given percentage, and take into account the time it takes to perform repairs.
Senior Vice President of Worldwide Business Operations, Craig Wentzel, will be discussing the benefits of CPT-1000 and NightHawk. He is a 30-year veteran of both the Electronic Design Automation (EDA) and the electronics Test and Measurement (T&M) industries, along with holding additional financial interests in an aortic valve start-up as well as a LTE systems provider. He also maintains continued experience in the fields of cyber security, supply chain integrity software, and other angel activities pertaining to the internet.
One of the company’s leading system engineers, Wyatt Pena, will also be available to demonstrate the CPT-1000 unit and NightHawk.
Dr. Ferenc Szidarovszky has been a senior researcher with the Ridgetop Group Inc. since 2015, working on theoretical issues concerning reliability, robustness, optimal maintenance and replacement policies and prognostics in complex systems. He has earned two PhD degrees, one in Applied Mathematics and another in Economics in Hungary. The Hungarian
Academy of Sciences has awarded him with two higher degrees, Candidate in Mathematics and Doctor of Engineering Sciences. In 1987 he moved to the US and from 1988 he was a professor of the Systems and Industrial Engineering Department of the University of Arizona. He is the author of 22 books and over 375 articles in international journals in addition to numerous conference presentations and short courses taught in many countries.