Abstract
In this paper, we study a two- dimensional Maintenance Service Contract (MSC) characterized by two limits (dimensions) of age and usage. It is considered that an agent offers a two-dimensional MSC by guaranteeing a certain level of equipment available to consumers. The agent needs to reduce the total maintenance cost to offer competitive MSC prices. Preventive maintenance actions (PM) are periodically carried out, and each PM action is considered to improve reliability modeled by reducing the failure rate function. Two decision variables (the PM interval (T) and the reduction in the intensity function
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
