Abstract

Abstract Accepted by: Phil Scarf This paper formulates a state-dependent mean residual lifetime model for a repairable system operating in a dynamic environment. The problem is addressed by means of a two-state damage process reflecting the effect of operating environment on the system and a repair process associated with the damage process. As the damage process shifts to a higher state, to maintain a minimum level of performance, the decision maker repairs the system at times that arise according to a point process with a constant intensity. We demonstrate the generality of the proposed model and show how existing models emerge as specific cases. Our approach stimulates further research on the determination of two types of maintenance policies: maintenance policy based on the number of imperfect repairs (Model I) and time-based maintenance policy (Model II). In both cases, using the renewal reward theorem argument, we aim at minimizing the long-run average maintenance cost per unit time by determining optimal replacement policies and the optimal level of imperfect repairs. We illustrate the proposed models and carry out a comparative analysis of maintenance policies through numerical examples. The main conclusions drawn are that repair and maintenance policies depend on the failure mechanism, repair frequency and the level of costs involved. Also, numerical comparison shows that the maintenance modelling based on the number of imperfect repairs (model I) outperforms the time-based replacement model (model II) and two baseline models ignoring the effect of operating environment or whose attention is restricted to perfect repair.

Full Text
Paper version not known

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 call

Disclaimer: 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.