Article ID: | iaor20001998 |
Country: | Netherlands |
Volume: | 116 |
Issue: | 2 |
Start Page Number: | 281 |
End Page Number: | 290 |
Publication Date: | Jul 1999 |
Journal: | European Journal of Operational Research |
Authors: | Schneider Helmut, Barbera Fran, Watson Ed |
Keywords: | programming: dynamic |
This paper discusses a condition based maintenance model with exponential failures and fixed inspection intervals for a two-unit system in series. The condition of each unit, such as vibration or heat, is monitored at equidistant time intervals. The condition indicator variables for each unit are used to decide whether to repair an individual unit or to overhaul the whole system. After a maintenance action is performed the monitored condition indicator variable takes on its initial value. Each unit can fail only once within an inspection interval and when one or both units fail the system fails. The probability of failure is exponential and the failure rate is dependent on the condition. The cost to be minimized is the long-run average cost of maintenance actions and failures. We study the optimal solution to this problem obtained via dynamic programming.