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- W5691105 abstract "Reliability for businesses begins with management and how they communicate the need for a failure free environment to mobilize actions to preserve operable systems and processes. The need for reliability considers cost of alternatives to prevent or mitigate failures, which require knowledge about times to failure, and failure modes which are found by reliability technology. Justifications for reliability improvements require knowing: 1) when things fail, 2) how things fail, and 3) conversions of failures into time and money. Reliability engineering principles help define when and how things fail to provide facts for life cycle costs comparisons. This helps decide the lowest long-term cost of ownership driven by a single estimator called net present value for converting hardware issues and alternatives into money issues. Several short examples illustrate the methodology." @default.
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- W5691105 date "2004-01-01" @default.
- W5691105 modified "2023-09-26" @default.
- W5691105 title "Process and Equipment Reliability" @default.
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