12 Optimization
12.1 INTRODUCTION
In the first edition this chapter was titled Prioritization Methods for O&M and discussed methods for reliability centered maintenance (RCM) of a utility delivery system. The new title reflects a slightly expanded scope. RCM is still covered as before. But the basic prioritization approaches applied in the RCM examples can be set up to work toward maximizing something other than reliability, such as increased lifetime or business value – related but slightly different goals. This chapter discusses the concepts that apply to trying to optimize any goal with respect to service, maintenance, refurbishment, and life extension of power delivery equipment, using RCM as its main example.
The goal of virtually every ...
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