 A Dynamic Policy for Grouping Maintenance ActivitiesRalph Wildeman, Rommert Dekker and A.C.J.M. Smit No EI 9537-/A, Econometric Institute Research Papers from Erasmus University Rotterdam, Erasmus School of Economics (ESE), Econometric Institute Abstract: A maintenance activity carried out on a technical system often involves a system-dependent set-up cost that is the same for all maintenance activities carried out on that system. Grouping activities thus saves costs since execution of a group of activities requires only one set-up. Many maintenance models consider the grouping of maintenance activities on a long-term basis with an infinite horizon. This makes it very difficult to incorporate short-term circumstances such as opportunities or a varying use of components because these are either not known beforehand or make the problem intractable. In this paper we propose a rolling-horizon approach that takes a long-term tentative plan as a basis for a subsequent adaptation according to information that becomes available on the short term. This yields a dynamic grouping policy that assists the maintenance manager in his planning job. We present a fast approach that allows interactive planning by showing how shifts from the tentative planning work out. We illustrate our approach with examples. Keywords: dynamic programming; maintenace; multi-component; planning (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ems:eureir:1357 Access Statistics for this paper More papers in Econometric Institute Research Papers from Erasmus University Rotterdam, Erasmus School of Economics (ESE), Econometric Institute Contact information at EDIRC. |
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