A study on system optimal maintenance policy

A study on system optimal maintenance policy

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Article ID: iaor20052998
Country: China
Volume: 13
Issue: 2
Start Page Number: 58
End Page Number: 61
Publication Date: Apr 2004
Journal: Operations Research and Management Science
Authors: , ,
Keywords: preventative maintenance
Abstract:

A complex system is composed of several different components. It is necessary to take the different failure rate and different maintenance time of the components into account. This paper proposes a new maintenance policy model. It considers the difference between, and importance of, different components. Under a given availability, the model can achieve an optimal preventive maintenance cycle with a minimum total average cost.

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