Presentation on theme: "How to use Equipment Replacement Utility Prepared by Don Oyeneyin."— Presentation transcript:
How to use Equipment Replacement Utility Prepared by Don Oyeneyin
What is Equipment Replacement Utility? The Equipment Replacement Utility is a tool used : –For Budget Planning (How much money is needed to Replace equipments over a period) –To determine what equipments needs to be replaced (either by a standard criteria or manually)
Go to FA anywhere web, https://fa.hqmc.usmc.mil/infocenter/FASuiteInfoCenter.htm and click on the USMC Replacement Utility link Under QUICK LINKS at the low left corner https://fa.hqmc.usmc.mil/infocenter/FASuiteInfoCenter.htm
Enter your FA Username and Password to log on the utility.
Click on the dropdown box for Funding Ceiling? to select Yes if there is a fund limit or No if there is no limit. If you select Yes you will be asked to enter the Funding Ceiling Amount($) in the box below. If you select No you will be asked to enter a Replace Above Threshold (%) (for increase or decrease of Equip. Life Expectancy)
Select the specific Location (based on your credentials). Next, you will select your choice of equipment group, either Asset or Component. You can also select ALL to run both. Then select specific Maintenance Class/es
Enter the Estimate Average Inflation Rate (%) per year. A default of 3.43% is the long term average inflation rate since You can also enter 0 in this field if you dont expect any increase in prices for equipments.
Select Years to Predict for your budgeting. Then click continue
VIEW DETAILS OF ALL – This will display all the equipment for the class/es (in the table) and allow users to manually prioritize equipment replacement. The selections may yield more or less than the initial replacement figure. VIEW DETAILS –This will display the equipment for the selected class/es (in the table) and allow users to manually prioritize equipment replacement. The selections may yield more or less than the initial replacement figure. CONTINUE – Click on this if all looks well for year 1, to proceed to the subsequent year. RE-CALCULATE COST FOR YEAR 1 – Use this button to re-calculate total costs for your replacement selections. SAVE EQUIP COST – Use this button to save the current replacement cost for each piece of equipment of the same class. This button disappears after Year 1 START OVER – Start the process all over, if you made any mistakes (select wrong location or Maint class..etc) EQUIP CLASS – The Equipment Class you selected DESCRIPTION – The Equipment Description DOD GROUP – This is DOD Group EXP YEARS – The standard Life Expectancy in YEARS EXP MILES – The standard Life Expectancy in MILES POSSESSED PRE-Y1 – This shows the current total amount of equipments in the class EQUIP COST Y1 – This is the replacement cost for each equipment in the class. (This can be change to a price of your choice) REPLACE Y1 – This display the amount of equipment needed to be replaced. ADD Y1 – This is where you add equipment to the fleet, which will increase the fleet size. Fields/Button definition.
The page below will be displayed. Confirm all entries or make any necessary changes (change Cost, change replacement figures or add more equipment to fleet), then click Continue to move on to the next year.
The next years replacement estimate is displayed with any/all changes (Price, Replacement or Addition) made in Year 1. Confirm all entries, then click Continue.
This page will be displayed showing all calculations for all the years, with overall total. Click the view option of your choice (View Report by Year or View Report by Class)
This is a Report By Class. You can export to PDF or Excel format by selecting one of the buttons. Then follow the directions
This is a Report By Year. You can export to PDF or Excel format by selecting one of the buttons. Then follow the directions