Use Simplified Lifecycle-Cost Computations to Justify Upgrades
The methodologies presented here can be used to set goals, and will enable performance comparisons among different plants or industry segments
Heinz Bloch Consulting Engineer
This article describes some options for determining the value of upgrading. The narrative and illustrations presented here highlight some methodologies that are available to reliability professionals who are ready to de-emphasize purely intuitive approaches, in favor of simple yet effective numerical pathways....
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