LIFE CYCLE COSTS
"We treat the cause of the problem not the symptoms." This is how you get a life cycle solution.
"We treat the cause of the problem not the symptoms." This is how you get a life cycle solution.
Production x1 - The cost of each individual product that is made. Not installed, just made and bought for a single price.
Monitoring x2 - The cost to monitor that product for failure over the expancy of the products life time.
Maintenance x5 - The cost to maintain the product while in the field includes the man hours to check and perform routine maintenance over the presumed lifecycle of the project.
Replacement x1 - The cost to remove the product from the field and replace it with another exact unit, may or may not result in down time of production. This figure only included the manual labor and the cost of support to have labor onsite. If downtime were a factor the numbers would multiple by x 10s.
Risk x10s - The risk factor would take in to consideration the downtime needed to replace a mainline part and would figure in the risk of catastrophic but warranted risk factors that are more than plausible.
Monitoring x2 - The cost to monitor that product for failure over the expancy of the products life time.
Maintenance x5 - The cost to maintain the product while in the field includes the man hours to check and perform routine maintenance over the presumed lifecycle of the project.
Replacement x1 - The cost to remove the product from the field and replace it with another exact unit, may or may not result in down time of production. This figure only included the manual labor and the cost of support to have labor onsite. If downtime were a factor the numbers would multiple by x 10s.
Risk x10s - The risk factor would take in to consideration the downtime needed to replace a mainline part and would figure in the risk of catastrophic but warranted risk factors that are more than plausible.
10 year lifecycle Can easily get 10,000 salt spray hours, with designed level of thermal diffusion
25 year lifecycle (Holy Grail of Corrosion and Reliability Engineering) A lifecycle of 25 years has been discussed for many years as the new reach. I can make it happen and stay within mechanical and operational success, but the part may look poorly and need to be cleaned up, mind you, but not replaced. We would use 50µms on the thread and would most likely coordinate our OCP to be within the correct designation needed for long term use.
Autonomy and Digital Twin: In recent years, there's been a notable shift towards autonomy in operations and the adoption of digital twin monitoring solutions. This advancement in reliability engineering enables constant 24/7 monitoring and nearly immediate reaction to potentially damaging conditions. Moreover, it allows for algorithmic predictions regarding future maintenance needs, eliminating blind preemptive variables and unmeasurable factors from consideration. While this has led to a significant increase in monitoring expenses, it has also resulted in a fair decrease in risk, maintenance costs, and the need for personnel assistance.
The true benefit lies in the accumulation of knowledge and data, empowering the creation of a database that can foresee potential issues before they occur. Interestingly, achieving this level of predictive capability requires a comprehensive lifecycle solution and the removal of physical variables from the equation. Traditionally, existing coatings have struggled to eliminate enough physical variables to enable autonomy or digital twin monitoring and management.
However, with the introduction of the SMART process, a transformative shift is underway. Through this innovative approach, issues such as corrosion, erosion, hydrogen stress cracking, and installation problems are effectively addressed, paving the way for their disappearance. Instead, we can anticipate reusability, extended 20-year life cycles, predictability, and enhanced autonomy, all made possible by the reduction of physical risk factors.
The true benefit lies in the accumulation of knowledge and data, empowering the creation of a database that can foresee potential issues before they occur. Interestingly, achieving this level of predictive capability requires a comprehensive lifecycle solution and the removal of physical variables from the equation. Traditionally, existing coatings have struggled to eliminate enough physical variables to enable autonomy or digital twin monitoring and management.
However, with the introduction of the SMART process, a transformative shift is underway. Through this innovative approach, issues such as corrosion, erosion, hydrogen stress cracking, and installation problems are effectively addressed, paving the way for their disappearance. Instead, we can anticipate reusability, extended 20-year life cycles, predictability, and enhanced autonomy, all made possible by the reduction of physical risk factors.