Optimal maintenance and replacement policy for a deteriorating system with increased mean downtime

V. Jayabalan and Dipak Chaudhuri

Naval Research Logistics (NRL), 1992, vol. 39, issue 1, 67-78

Abstract: The problem of imperfect preventive maintenance (pm) and replacement schedule for a system which works below a specified failure rate is studied. For a given planning period, the optimal schedule for replacements to minimize the total cost is obtained. This article presents a branching algorithm with effective dominance rules to obtain the optimal schedule. Numerical illustration and computational experience are also presented.

Date: 1992
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https://doi.org/10.1002/1520-6750(199202)39:13.0.CO;2-2

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Persistent link: https://EconPapers.repec.org/RePEc:wly:navres:v:39:y:1992:i:1:p:67-78

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