A branch-and-bound combinatorial approach to level of repair analysis

A branch-and-bound combinatorial approach to level of repair analysis

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Article ID: iaor2003341
Country: India
Volume: 38
Issue: 6
Start Page Number: 580
End Page Number: 595
Publication Date: Dec 2001
Journal: OPSEARCH
Authors:
Keywords: programming: integer, programming: parametric, programming: branch and bound
Abstract:

This paper proposes a combinatorial approach for level of repair analysis which is both simple to implement and a sophisticated optimisation tool. A heuristics is used to obtain lower and upper bounds on the optimum life-cycle maintenance costs and a branch-and-bound procedure searches for the optimum solution without resorting to linear-programming relaxations of the original integer programming formulation. The model can be easily extended to other applications where fixed and variable costs play a role. The combinatorial approach is purely additive, the inputs follow standard formats and the output is easily understood. A Windows-compatible user interface is used to demonstrate the accessibility of the approach.

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