2016 AIChE Spring Meeting and 12th Global Congress on Process Safety
(119b) Integrating Reliability, Availability & Maintainability into Process Design
Author
This paper presents a unique approach of using simplified RAM models combined with economic analysis of a range of potential market factors to make process engineering choices at the design phase of the project. The RAM analysis results can be straightforward, but become more complex when combined with economic analysis of input parameters that are not discrete values and are driven by market factors. This paper presents a simple case study for an LNG plant with waste heat recovery vs. fired heaters and how RAM analysis can be used to make an engineering choice. Several methods for analyzing RAM are available. In a simulation method, a probability distribution is assigned to the “mean time to failure” and the “mean time to repair” and a Monte Carlo simulator is used to dynamically analyze the behavior of the system. A more simplified analytical method uses reliability flow diagrams and simple equations to analyze the RAM. Both methods will be discussed in the case study. While this paper focuses on a single case study, the concepts can be of value across applications.