Submit your paper : editorIJETjournal@gmail.com Paper Title : DEVELOPMENT OF A STATISTICAL MODEL TO PREDICT THE EFFECTS OF FAILURE AND PRODUCTION RATES ON ELECTRICAL ENERGY CONSUMPTION OF A LUBRICATING OIL INDUSTRY ISSN : 2395-1303 Year of Publication : 2022 10.5281/zenodo.6773524 MLA Style: - Olorunnishola, A. A. G and Oladebeye, D. H , DEVELOPMENT OF A STATISTICAL MODEL TO PREDICT THE EFFECTS OF FAILURE AND PRODUCTION RATES ON ELECTRICAL ENERGY CONSUMPTION OF A LUBRICATING OIL INDUSTRY , Volume 8 - Issue 3 May - June 2022 International Journal of Engineering and Techniques (IJET) ,ISSN:2395-1303 , www.ijetjournal.org APA Style: - Olorunnishola, A. A. G and Oladebeye, D. H , DEVELOPMENT OF A STATISTICAL MODEL TO PREDICT THE EFFECTS OF FAILURE AND PRODUCTION RATES ON ELECTRICAL ENERGY CONSUMPTION OF A LUBRICATING OIL INDUSTRY , Volume 8 - Issue 3 May - June 2022 International Journal of Engineering and Techniques (IJET) ,ISSN:2395-1303 , www.ijetjournal.org Abstract This work presents formulation of linear regression model for the effect of energy consumption and production rates on the breakdowns of Lubcon oil production line. The model validation confirmed the existence of statistical relationships between breakdowns and energy consumption and production rates. Applying data collected from the Lubcon oil industry, R2 value of 98.6% was obtained for Lubcon oil production line model; thus, indicating that about 98.6% of the variation in electrical energy consumption could be explained by breakdowns and production rates, thus reducing the probability of consuming excess energy due to unplanned breakdowns in the production line to the barest minimum. The multiple linear regression models obtained by using the control and dependent variables give good estimation. The regression model also showed that given the failure (breakdowns) and production rates, the expected electrical energy consumption can be determined, thus, enabling the maintenance personnel to significantly monitor and reduce energy consumption in the lubricating oil production line. Reference Al-Najjar, B., and Alsyouf, I. (2004). Enhancing a company’s profit ability and competitiveness using integrated vibration-based maintenance: A case study, European Journal of Operational Research, 157(3): 643-657. Al-Najjar, B. and Algabroun, H. (2018), “Smart maintenance model using cyber physical systems” Diamond Jubilee National Convention of IIIE and International Conference ICIEIND 2018, India. Alev, A B., Caglayan, A., Ecem, M A. (2013). A cast study of effective factor on the right industrial lubricating oil choosing. 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