Abstract:The activity of Life-Cycle Cost (LCC) forecasting using Reliability, Availability, and Maintainability (RAM) modeling techniques is not new, but there have been recent developments which have resulted in a fundamental change in the usefulness of LCC forecasting to designers, owners, operators, and maintainers of power plants. These changes provide the means for optimizing Operation and Maintenance (O&M) activities many years in advance with a high degree of accuracy. The primary changes have been advances … Show more
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