Article ID: | iaor2000732 |
Country: | United Kingdom |
Volume: | 9 |
Issue: | 4 |
Start Page Number: | 347 |
End Page Number: | 354 |
Publication Date: | Oct 1998 |
Journal: | IMA Journal of Mathematics Applied in Business and Industry |
Authors: | Jack N. |
Maintenance of a deteriorating system is often imperfect, with the state of the system after maintenance being at a level somewhere between new and its prior condition. In this paper, the concept of reduction in virtual or effective age is used to model the effect of both imperfect corrective maintenance (CM) and imperfect preventive maintenance (PM). Results from counting-process theory then produce a likelihood function necessary for parameter estimation, and the method is tested on known maintenance data. Finally, it is shown how to evaluate, by simulation, the expected number of system failures up to time