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What is Cost-Benefit Analysis of Machine Maintenance about?

This document discusses cost benefit analysis for maintenance of rotating machines. It presents a mathematical model for calculating the net revenue generated by machines when different maintenance strategies are used. The model considers factors like the lifetime, revenue generated, failure rates, repair costs, downtime costs for different machines, strategies and faults. It then applies the model to a case study of an air compressor, using realistic cost data. The results are analyzed to help industries s

Author

Shakuntal Khamar

Language

EN