Joint condition-based maintenance and load-sharing optimization for two-unit systems with economic dependency
Michiel A.J. Uit Het Broek,
Ruud H. Teunter,
Bram de Jonge and
Jasper Veldman
European Journal of Operational Research, 2021, vol. 295, issue 3, 1119-1131
Abstract:
Many production facilities consist of multiple and functionally exchangeable units of equipment, such as pumps or turbines, that are jointly used to satisfy a given production target. Such systems often have to ensure high levels of reliability and availability. The deterioration rates of the units typically depend on their production rates, implying that the operator can control deterioration by dynamically reallocating load among units. In this study, we examine the value of condition-based load-sharing decisions for two-unit systems with economic dependency. We formulate the system as a Markov decision process and provide optimal joint condition-based maintenance and production policies. Our numerical results show that, dependent on the system characteristics, substantial cost savings of up to 40% can be realized compared to the optimal condition-based maintenance policy under equal load-sharing. The structure of the optimal policy particularly depends on the maintenance setup cost and the penalty that is incurred if the production target is not satisfied. For systems with high setup costs, the clustering of maintenance interventions is improved by synchronizing the deterioration of the units. On the contrary, for low setup costs, the deterioration levels are desynchronized and the maintenance interventions are alternated.
Keywords: Maintenance; Condition-based maintenance; Condition-based production; Load-sharing; Economic dependency (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (26)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0377221721002708
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:295:y:2021:i:3:p:1119-1131
DOI: 10.1016/j.ejor.2021.03.044
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 ().