Analyzing Engines and Compressors in Economic Terms
The objective of this short course is to show the technical specialists how to develop and communicate results in economic or near-economic terms. Topics include: management ready information-need and description; calculation of economic consequences of performance degradation; communication of mechanical degradation in risk terms, and consideration of return on investment when making maintenance decisions. Numerous examples and illustrations are incorporated. In addition, attendees are given problems to solve in the class.