| Article ID: | iaor20097129 |
| Country: | United Kingdom |
| Volume: | 2 |
| Issue: | 12 |
| Start Page Number: | 129 |
| End Page Number: | 145 |
| Publication Date: | Oct 2008 |
| Journal: | International Journal of Reliability and Safety |
| Authors: | Stopczyk M, Sakowicz B, Anders G J |
| Keywords: | energy, markov processes, optimization: simulated annealing |
This paper describes a maintenance policy model based on semi‐Markov processes. The optimal policy is found by means of multi‐objective optimisation and a modified simulated annealing algorithm. The procedure is illustrated through a practical example that involves finding an optimal maintenance policy for a circuit breaker that is subjected to frequent minimal repairs and occasionally to a major overhaul.