Integrating Reliability-Centered Maintenance with Cost Optimization & Application in Plant of Hard Chrome Plating
Published 2015-06-30
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Keywords
- RCM,
- Maintenance Planning,
- FMEA,
- Cost Optimization
How to Cite
Copyright (c) 2023 International Journal of Industrial Engineering and Management
This work is licensed under a Creative Commons Attribution 4.0 International License.
Abstract
This paper describes the application of reliability-centered maintenance (RCM) methodology and cost optimization to the development of maintenance & cost management for the plant of Hard Chrome Plating. The main objective of reliability-centered maintenance and cost optimization is the effective maintenance & cost management of the plant components inherent reliability value. Consequently, this research aims to manage the costs necessary to extend the service life of a plant through the use of probabilistic methods and simulation techniques in order to better identify the importance of every components in a plant with respect to maintenance costs. As a result of this research, our costing model allows to develop a methodology to determine maintenance costs which must be applied to some subsets of the elements of a plant, grouped according to their criticality and to identify the gap of costs between the true solution and the optimal maintenance interval.
Article history: Received (14.02.2015); Revised (14.06. 2015); Accepted (29.06. 2015)
