Maintenance optimization for capital goods when information is incomplete and environment-dependent
Ragnar Eggertsson,
Rob Basten and
Geert-Jan van Houtum
IISE Transactions, 2024, vol. 56, issue 11, 1146-1161
Abstract:
We study the problem of inspection and maintenance planning of capital goods based on observations of the capital good’s degradation state. However, the observations are imprecise, and their quality depends on the environment. For example, when performing maintenance for Heating, Ventilation, and Air-Conditioning units (HVACs) in trains, the health of the cooling component of an HVAC can be assessed from temperature readouts of the car in which the HVAC is mounted. Temperature information is useful in the summer when high car temperatures can indicate a failed cooling component, but this information has limited value during the winter. We model the problem as a partially observable Markov decision process with a fully observed environment. We analytically show that an environment-dependent monotonic at-most-4-region policy is optimal. Furthermore, we numerically analyze an example motivated by HVAC maintenance at Dutch Railways. This analysis shows that, in many cases, including the environment in the model can lead to cost savings of more than 10%. In a broad numerical experiment, we show that a simple policy cannot always substitute an optimal policy.
Date: 2024
References: Add references at CitEc
Citations:
Downloads: (external link)
http://hdl.handle.net/10.1080/24725854.2023.2257245 (text/html)
Access to full text is restricted to subscribers.
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:taf:uiiexx:v:56:y:2024:i:11:p:1146-1161
Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/uiie20
DOI: 10.1080/24725854.2023.2257245
Access Statistics for this article
IISE Transactions is currently edited by Jianjun Shi
More articles in IISE Transactions from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().