How can you optimize maintenance schedules for the lowest life cycle cost?
Maintenance is a crucial aspect of plant engineering, as it affects the reliability, availability, performance, and safety of your equipment and processes. However, maintenance also comes with costs, such as labor, materials, downtime, and energy consumption. Therefore, optimizing your maintenance schedules for the lowest life cycle cost (LCC) is a key challenge and opportunity for plant engineers. In this article, we will discuss some strategies and tools that can help you achieve this goal.