 New stochastic models for preventive maintenance and maintenance optimizationAuthor-Name: Lee, HyunjuJi Hwan Cha European Journal of Operational Research, 2016, vol. 255, issue 1, 80-90 Abstract: This paper considers periodic preventive maintenance policies for a deteriorating repairable system. On each failure the system is repaired and, at the planned times, it is periodically maintained to improve its reliability performance. Most of periodic preventive maintenance (PM) models for repairable systems have been studied assuming that the failure process between two PMs follows the nonhomogeneous Poisson process (NHPP), implying the minimal repair on each failure. However, in this paper, we assume that the failure process between two PMs follows a new counting process which is a generalized version of the NHPP. We develop two types of PM models and study detailed properties of the optimal policies which minimize the long-run expected cost rates. Numerical examples are also provided. Keywords: Optimal periodic maintenance; Repair type; Generalized Polya process; Worse-than-minimal-repair; Stochastic intensity (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:ejores:v:255:y:2016:i:1:p:80-90 DOI: 10.1016/j.ejor.2016.04.020 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 |
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