On preventive maintenance of systems with lifetimes dependent on a random shock process
Ji Hwan Cha,
Maxim Finkelstein and
Gregory Levitin
Reliability Engineering and System Safety, 2017, vol. 168, issue C, 90-97
Abstract:
We consider preventive maintenance (age replacement) of items operating in a random environment modeled by a Poisson process of shocks. An item is replaced either on failure or on the predetermined replacement time, whichever comes first. Each shock in our stochastic model has a double effect. On one hand, it acts directly on the failure rate of an item, which results in the corresponding stochastic failure rate process. On the other hand, each shock causes additional ‘damage’, which can be attributed, e.g., to a short drop in the output of an item. The corresponding optimization problem is considered and illustrated by detailed numerical examples.
Keywords: Shock process; Poisson process; Preventive maintenace; Age replacement; Intensity process (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (27)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:reensy:v:168:y:2017:i:c:p:90-97
DOI: 10.1016/j.ress.2017.03.023
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