A model for a dynamic preventive maintenance policy

Christiane Cocozza-Thivent

International Journal of Stochastic Analysis, 2000, vol. 13, 1-26

Abstract:

This paper exhibits a stochastic model which describes the evolution of a material submitted to inspections. When an inspection takes place, a decision depending on the observed state of the material is taken. If the material is in not too bad state, no service is rendered, only the date of the next inspection is chosen. If the material is in a bad working state, a service takes place. Roughly speaking, the failure rates of the material are constant, the inspection and repair rates are general. We define the average cost function corresponding to the utilization of this material and we show how it can be computed. Then we determine the inspection rates which give the optimal maintenance policy using a simulated annealing algorithm. We observe experimentally that the best durations between inspections are deterministic ones.

Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:hin:jnijsa:683737

DOI: 10.1155/S1048953300000307

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