Article ID: | iaor19921670 |
Country: | United Kingdom |
Volume: | 3 |
Start Page Number: | 153 |
End Page Number: | 167 |
Publication Date: | May 1991 |
Journal: | IMA Journal of Mathematics Applied in Business and Industry |
Authors: | Ascher H. |
Mathematical models are presented which are useful for determining when replacement or maintenance is needed. In addition, techniques for assessing the efficacy of maintenance and/or overhaul are discussed. Since the underlying concepts and techniques for nonrepairable items are relatively well known, attention is focused on repairable items. Moreover, great emphasis is placed on the major differences between the concepts, probabilistic models, and statistical analysis techniques appropriate for nonrepairable and repairable items respectively. Such emphasis is still required because the