Terotechnology

Abstract

The paper analyzes the position of terotechnology in the overall approach to the planning, design, manufacturing, installation, service, maintenance, decommission and recycling of the technical system. Position of terotechnology, on the other hand, is placed in relation to the economics, life cycle cost and maintenance. The aim is to define terotechnology as optimization process of the ratio between the total effective or potential production of the system and cumulative cost in the lifetime of system. As a static phenomenon the ratio can be optimized apart the market influence and business strategy and policy. The optimization process indispensably includes reliability, adaptability and availability of the system.