Answer to Question #299952 in Engineering for Asker

Question

Knowing that the assignment 1's system/asset was about the Eirish Mixer located in the mixing area of the Monolithic Plant:

1- Select a critical component or a set of identical components of the selected system/asset in assignment 1 that you think requires a renewal/replacement policy.

2- Collect/obtain data and all relevant information to establish the design, life and failure history and cost elements for the selected critical component or a set of identical component.

3- Make all required assumptions and if required use Weibull distribution with reasonable shape parameter, scale parameter and location parameter. you can review the assumptions and use of Weibull distribution in the notes and literature.