 Modelling and application of condition-based maintenance for a two-component system with stochastic and economic dependenciesPhuc Do, Roy Assaf, Phil Scarf and Benoit Iung Reliability Engineering and System Safety, 2019, vol. 182, issue C, 86-97 Abstract: This paper develops a model of a condition-based maintenance policy for a two-component system with both stochastic and economic dependencies. The stochastic dependency is such that the degradation rate of each component depends not only on its own state (degradation level) but also on the state of the other component. The economic dependency is such that combining multiple maintenance activities has lower cost than performing maintenance on components separately. To select a component or components to be preventively maintained, adaptive preventive maintenance and opportunistic maintenance rules are proposed. A cost model is developed to find the optimal values of decision variables. A case study of a gearbox system demonstrates the utility of the proposed model. Keywords: Condition-based maintenance; Maintenance optimization; Two-component system; State dependence; Stochastic dependence; Economic dependence (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:reensy:v:182:y:2019:i:c:p:86-97 DOI: 10.1016/j.ress.2018.10.007 Access Statistics for this article Reliability Engineering and System Safety is currently edited by Carlos Guedes Soares More articles in Reliability Engineering and System Safety from Elsevier |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.