Integrating Reliability-Centered Maintenance with Cost Optimization & Application in Plant of Hard Chrome Plating

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)