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API RP 581 - 3rd Ed.2016 - Add.2-2020 - Risk-Based Inspection Methodology

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RISK-BASED INSPECTION METHODOLOGY, PART 5—SPECIAL EQUIPMENT 5-75

Unit prod

is the daily production margin on the unit, $/day

prd

W c is the rated capacity of a PRD, kg/hr (lb/hr)

β

η

η def

η mod

η upd

is the Weibull shape parameter

is the Weibull characteristic life parameter, years

is the Weibull characteristic life parameter based on the default service severity chosen for a

specific PRD, years

is the Weibull characteristic life parameter modified to account for installation factors, design

features, overpressure and environmental factors, years

is the Weibull characteristic life parameter updated to account for inspection history, years

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