Assignment 2
Assignment 2
Wear Rate
costs evolve throughout a machine’s operational life. The study 60
provides both technical and financial frameworks for under-
standing maintenance cost dynamics, supported by mathematical
models and empirical data. 40
I. I NTRODUCTION 20
The relationship between maintenance costs and machine
life represents a complex interplay of technical deteriora- 0
0 2 4 6 8 10
tion and financial implications. This paper explores both the Operating Time
engineering mechanisms driving maintenance needs and the
resulting cost patterns throughout equipment lifecycle. Fig. 1. Wear Rate Progression Over Time
III. L IFE C YCLE C OST A NALYSIS Fig. 2. Components of Maintenance Cost Over Machine Life
40
30
4
20 15
2
0 0
0 2 4 6 8 10 12 Early Life Useful Life Wear-out
Machine Life
Life Phase
Fig. 3. The Bathtub Curve: Failure Rate vs Machine Life
Fig. 5. Distribution of Maintenance Costs Across Life Phases
Actual Cost
100 Linear Projection X. M ONITORING AND C OST C ONTROL
Cumulative Cost
XII. C ONCLUSION
VI. C OST O PTIMIZATION S TRATEGIES The relationship between maintenance costs and machine
A. Preventive Maintenance Optimization life is governed by both technical and economic factors. Un-
The optimal maintenance interval can be determined by: derstanding the interaction between wear mechanisms, failure
s modes, and cost patterns enables optimal maintenance strate-
2Cp gies that balance reliability with cost-effectiveness. The visual
Topt = (4) representations and mathematical models presented provide a
Cf λ
framework for maintenance planning and cost optimization
Where: throughout the equipment lifecycle.
• Topt = Optimal interval
R EFERENCES
• Cp = Preventive maintenance cost
• Cf = Failure cost [1] R. K. Mobley, ”Maintenance Engineering Handbook,” McGraw-Hill
Education, 2014.
• λ = Failure rate [2] B. Bhushan, ”Introduction to Tribology,” Wiley, 2013.
[3] A. K. S. Jardine, ”Maintenance, Replacement, and Reliability,” CRC
VII. C UMULATIVE C OST A NALYSIS Press, 2013.
[4] J. Moubray, ”Reliability-centered Maintenance,” Industrial Press Inc.,
A. Cost Accumulation Pattern 2001.
VIII. C OST D ISTRIBUTION A NALYSIS [5] D. Palmer, ”Maintenance Planning and Scheduling Handbook,”
McGraw-Hill Education, 2012.
IX. E NGINEERING S OLUTIONS FOR C OST R EDUCTION
A. Design Improvements
• Optimized component geometry
• Enhanced lubrication systems
• Improved sealing mechanisms
• Better material selection