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Application of Monte Carlo Simulation for the Estimation of Production Availability in Offshore Installations

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Simulation Methods for Reliability and Availability of Complex Systems

Part of the book series: Springer Series in Reliability Engineering ((RELIABILITY))

Abstract

The purpose of this chapter is to show the practical application of the Monte Carlo simulation method in the evaluation of the production availability of offshore facilities, accounting for realistic aspects of system behavior. A Monte Carlo simulation model is developed for a case study to demonstrate the effect of maintenance strategies on the production availability, e.g., by comparing the system performance under different preventive maintenance tasks.

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References

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Author information

Authors and Affiliations

  1. Hyundai Industrial Research Institute, Hyundai Heavy Industries, Ulsan, Korea, Republic of

    Kwang Pil Chang

  2. Dept. of Ocean Systems Engineering, Korea Advanced Institute of Science and Technology, Daejeon, Korea, Republic of

    Daejun Chang

  3. Energy Department, Politecnico di Milano, Via Ponzio 34/3, 20133, Milan, Italy

    Enrico Zio

Authors
  1. Kwang Pil Chang
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  2. Daejun Chang
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  3. Enrico Zio
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Editor information

Editors and Affiliations

  1. Depto. Estadística e Investigación Operativa, Universidad Pública de Navarra, Campus Arrosadia, Edif. Los Magnolios, 1a planta, 31080, Pamplona, Spain

    Javier Faulin

  2. Computer Science, Multimedia and Telecommunication Studies, Open University of Catalonia (UOC), Rambla Poblenou, 156, 08015, Barcelona, Spain

    Angel A. Juan

  3. Depto. Ingeniería Química y Nuclear, Universidad Politécnica de Valencia, Camino de Vera, s/n, 46022, Valencia, Spain

    Sebastián Martorell

  4. School of Systems & Enterprises, Stevens Institute of Technology, 1 Castle Point on Hudson, 07030, Hoboken, NJ, USA

    José-Emmanuel Ramírez-Márquez

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© 2010 Springer-Verlag London Limited

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Chang, K., Chang, D., Zio, E. (2010). Application of Monte Carlo Simulation for the Estimation of Production Availability in Offshore Installations. In: Faulin, J., Juan, A., Martorell, S., Ramírez-Márquez, JE. (eds) Simulation Methods for Reliability and Availability of Complex Systems. Springer Series in Reliability Engineering. Springer, London. https://doi.org/10.1007/978-1-84882-213-9_11

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  • DOI: https://doi.org/10.1007/978-1-84882-213-9_11

  • Publisher Name: Springer, London

  • Print ISBN: 978-1-84882-212-2

  • Online ISBN: 978-1-84882-213-9

  • eBook Packages: EngineeringEngineering (R0)

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