Review: Advantages of Repairing Machine Parts in Order to Restore their Functionality

This paper covers the literature review of the work by author, who have been involved in the subject of machine element repairing from the techno-economical point of view. Positive aspects of repairing, as opposed to purchasing new parts are shown and discussed. All of the examples given as part of the literature review are related to real, practical problems. It was concluded in all cases, that the repairing of damaged parts was the better option, since not only did it cost significantly less, it also noticeably decreased the equipment downtime, as there was no need to wait for the new part to be delivered.