Reliability-based optimization of economic life forward design for complex systems in uncertain task environments
Xue Yang,
Bo Li,
Xinhao Cui,
Siyue Zhang,
Ziguang Ji,
Yi Ren,
Ikou Kaku and
Yiyong Xiao
Reliability Engineering and System Safety, 2025, vol. 264, issue PB
Abstract:
This study investigates a forward design approach for optimizing the economic life of complex systems by minimizing the time-averaged life-cycle cost, while accounting for their uncertain task environments and physical structures. Conceptual optimization models are developed for the economic life forward design of individual products, complex systems, and short-term systems. Furthermore, an uncertain task environment-oriented economic life forward selection problem (UTE-ELFSP) is proposed and formulated as a mixed-integer linear programming (MILP) model based on a novel ε-accurate linearization approach for the ratio of two non-negative variables. Additionally, a MILP-based economic life stepping optimization (MILP-ELSO) heuristic is devised to solve large-scale problem instances. Computational experiments are conducted to validate the performance of the proposed model and algorithm. The numerical results demonstrate that the MILP model effectively produces optimal solutions for small- and medium-scale UTE-ELFSPs. The proposed MILP-ELSO algorithm exhibits high computational efficiency in large-scale applications and provides valuable insights for the economic design of complex systems with diverse lifespans and cost requirements.
Keywords: Economic life; Forward design; Time-averaged life-cycle cost; Mixed-integer linear programming; Reliability-based optimization (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S095183202500643X
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:264:y:2025:i:pb:s095183202500643x
DOI: 10.1016/j.ress.2025.111443
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 ().