This is an event hosted by a like-minded organization
General Info:
Reliability Engineering uses a modelling approach specifically known as Reliability Block Diagrams (RBD) in order to evaluate all the characteristics of an asset during its life. The output of this exercise is a dynamic model illustrating different decision-making elements of the asset being studied.
This includes economical aspects such as operating costs, spare part management, expected failures and other maintenance outcomes over time. This information allows and operator to correctly budget costs, logistics or labor requirements over the life of the asset. The model also allows the designer to estimate the production output of the asset over time and have a more realistic view of the design output.
When it comes to preventive maintenance or redundancy (i.e. adding extra equipment), the model can be altered to visualize the expected output and incremental economical benefits or lack of there off, leading to better decision in terms of capital spending. The author will illustrate the study of a centrifugal pump and help the audience visualize all the above-mentioned aspects.
Presenter:
Andre-Michel Ferrari, Cogito Reliability
Time and Location: Thursday, May 9, 2024
5:00 PM 8:00 PM MDT
RATS - Rotating and Turbomachinery Society
Polos Social Lounge - 950 Emerald DriveSherwood Park, AB, T8H 0P5Canada
For more information, and to register, CLICK HERE.