EconPapers    
Economics at your fingertips  
 

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
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (27)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0951832016305920
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:reensy:v:168:y:2017:i:c:p:90-97

DOI: 10.1016/j.ress.2017.03.023

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
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2025-03-19
Handle: RePEc:eee:reensy:v:168:y:2017:i:c:p:90-97