Page 344 - Improving Machinery Reliability
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310   Improving Machinery Reliability
                                                Summary

                      Life cycle costs include cradle-to-grave costs. When failure costs are included, the
                    quantity of manpower required can be engineered to avoid the use of antique rules of
                    thumb about how maintenance budgets are established.
                      LCC techniques provide methods  to consider trade-off  ideas with  visualization
                    techniques  as described  above,  which  are helpful  for engineers.  Likewise,  LCC
                    analysis provides  NPV  techniques of importance for financial organizations,  and
                    LCC details give both  groups common ground for communication. With LCC
                    details, the financial organizations can complete DCF calculations.
                      Some chemical plants have cost values and failure data for ANSI pumps that are
                    different from that shown above. As examples, coupling costs are around US$lOO
                    and the associated logistics costs are perhaps US$75 for couplings with a MTBF of
                    -3  years, seal life is -1.5  years, shaft life is -4.5  years, impeller life is -3.5  years,
                    pump housing life is -6  years, and the cost of bearings is -US$140.  Of course, using
                    these “not so commendable” values for a chemical plant will result in higher mainte-
                    nance costs and greater maintenance expenditures.
                      Each of the examples described above can be made more accurate by using more
                    complicated models.  For one example, in  the Monte Carlo model, the time for
                    repairs can be changed from a fixed interval to a statistical interval by simply using a
                    log-normal distribution. This will provide a more realistic idea of the time expended
                    and costs incurred. Spare part quantities can also be calculated.
                      Good alternatives for LCC require creative ideas. It is the role of the engineer to
                    suggest and recommend cost effective alternatives. Much lower LCC’s are obtained
                    when creative efforts are employed in the design area. Making changes downstream
                    in the operating plants has smaller chances for improvements because they come too
                    late in the improvement cycle. Design engineers are the most important link in devis-
                    ing cost-effective plants, and naturally, the burden of LCC falls on their shoulders,
                    but design engineers can’t perform an effective analysis unless they have reasonable
                    failure data from operations. Therefore, there is a need for plant and industry data-
                    bases of failure characteristics. Remember, to obtain good failure data, both failure
                    and success data must be identified. If only the failure information is considered, the
                    failure database will be too pessimistic; no one will believe it and few people will
                    use overly pessimistic data.


                                                References

                      1. Goble, W. M. and Paul, B. O., “Life Cycle Cost Estimating,” Chemical Process-
                       ing, June 1995.
                     2. Paul, Brayton O., “Life Cycle Costing,” Chemical Engineering, December 1994.
                     3. Roscoe, Edwin S., “Project Economy,” Richard D. Irwin, Inc., Homewood, IL,
                       1960, pp.  18-20.
                     4. Bloch, H. P. and Geitner, F. K., Machinery  Failure Analysis and  Troubleshoot-
                       ing, Gulf Publishing, Houston, Texas, Second Edition, 1994, pp. 684-686.
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