Adapted from “Economics of Corrosion,” Publication 3C194, Technical Committee Report, copyright © 1994 by NACE International. Reprinted with permission. Further reproduction is prohibited. NACE technical committee reports are reviewed every 10 years; users should contact NACE at P.O. Box 218340, Houston, Texas 77218-8340.
3. Economics of Corrosion†
- R. Winston Revie
Published Online: 19 APR 2011
DOI: 10.1002/9780470872864.ch3
Copyright © 2011 John Wiley & Sons, Inc.
Book Title
Uhlig's Corrosion Handbook, Third Edition
Additional Information
How to Cite
Verink, E. D. (2011) Economics of Corrosion, in Uhlig's Corrosion Handbook, Third Edition (ed R. W. Revie), John Wiley & Sons, Inc., Hoboken, NJ, USA. doi: 10.1002/9780470872864.ch3
Editor Information
CANMET Materials Technology Laboratory, Ottawa, Ontario, Canada
- †
Publication History
- Published Online: 19 APR 2011
- Published Print: 28 MAR 2011
Book Series:
ISBN Information
Print ISBN: 9780470080320
Online ISBN: 9780470872864
- Summary
- Chapter
- References
Keywords:
- economics of corrosion, evaluation - assessment of technical validity and economic justification of alternatives;
- economic analysis methods, concerned with entire service life - “life-cycle cost” methods;
- depreciation, lessening in value - of asset with passage of time
Summary
This chapter contains sections titled:
Introduction
Corrosion—an economic problem
Notation and terminology
Methods of economic analysis
Depreciation
Generalized equations
Worked examples and applications
References
Bibliography