EconPapers    
Economics at your fingertips  
 

A performance-centred approach to optimising maintenance of complex systems

E. Barlow, T. Bedford, M. Revie, J. Tan and L. Walls

European Journal of Operational Research, 2021, vol. 292, issue 2, 579-595

Abstract: This paper introduces performance-centred maintenance (PCM) as a novel approach to maintain systems when dual consideration is given to operational performance and degradation condition. We consider situations where performance and condition do not necessarily deteriorate at the same rate typified by, say, an ageing system still achieving good performance or a new system performing poorly. In this problem context, competing interests may arise between different decision-makers, such as operators and maintainers, since alternative strategies may benefit either performance or condition at the expense of the other. To address this challenge we introduce a theoretical framework for the PCM approach and discuss key characteristics of the modelling problem. The general PCM approach is motivated by a real-world industrial system for which maintenance decisions required to be optimised. A specific application is shown for the industry problem which we model by a Markov decision process capable of interrogating decisions over multiple time-scales. We obtain an exact solution using dynamic programming. We also explore a less computationally challenging heuristic using a reinforcement learning algorithm and evaluate its accuracy for the large-scale industry model. We show that optimal maintenance policies from a PCM model can provide decision support to both maintainers and operators taking account of both perspectives of the problem.

Keywords: Maintenance; Performance-centred maintenance; Maintenance optimisation; Markov decision process; Reinforcement learning (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0377221720309516
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:ejores:v:292:y:2021:i:2:p:579-595

DOI: 10.1016/j.ejor.2020.11.005

Access Statistics for this article

European Journal of Operational Research is currently edited by Roman Slowinski, Jesus Artalejo, Jean-Charles. Billaut, Robert Dyson and Lorenzo Peccati

More articles in European Journal of Operational Research from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2025-03-19
Handle: RePEc:eee:ejores:v:292:y:2021:i:2:p:579-595