Maintenance Policies with Minimal Repair

Mamabolo R. M. and Beichelt F. E.
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Mamabolo R. M.: University of the Witwatersrand, School of Statistics and Actuarial Science, Private Bag 3, WITS 2050 Johannesburg, Republic of South Africa
Beichelt F. E.: University of the Witwatersrand, School of Statistics and Actuarial Science, Private Bag 3, WITS 2050 Johannesburg, Republic of South Africa

Stochastics and Quality Control, 2004, vol. 19, issue 2, 143-166

Abstract: This article gives a survey on some important maintenance policies involving minimal repairs and replacements of technical systems. The main focus is on policies, which have been published after 1990. Based on a thinned nonhomogeneous Poisson process, repair cost limit policies with minimal repair are discussed in more detail. New results regarding the optimality of time dependent repair cost limits are presented.

Keywords: Nonhomogeneous Poisson process; minimal repair; replacement; preventive; maintenance; repair cost limit (search for similar items in EconPapers)
Date: 2004
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DOI: 10.1515/EQC.2004.143

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