Optimal replacement policies with minimal repair and age-dependent costs

DOI10.1016/0377-2217(95)00320-7zbMath0922.90071OpenAlexW2047663317MaRDI QIDQ1278708

Richard M. Feldman, Ming-Chih Chen

Publication date: 22 February 1999

Published in: European Journal of Operational Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0377-2217(95)00320-7

zbMATH Keywords

Markov decision processcontrol limit policyminimal repair/replacement problem

Mathematics Subject Classification ID

Reliability, availability, maintenance, inspection in operations research (90B25) Markov and semi-Markov decision processes (90C40)

Related Items (11)

Structured replacement policies for a Markov-modulated shock model ⋮ Optimal Maintenance/Replacement-Policy for Deteriorating Systems under Two-Phase Maintenance Strategy ⋮ A simple recursive Markov chain model to determine the optimal replacement policies under general repairs ⋮ Optimal maintenance scheduling for a complex manufacturing system subject to deterioration ⋮ Optimal maintenance of a production-inventory system with idle periods ⋮ A semi-Markov decision algorithm for the optimal maintenance of a multistage deteriorating two-unit standby system ⋮ Multiaction maintenance subject to action-dependent risk and stochastic failure ⋮ Optimal preventive maintenance of a production system with an intermediate buffer ⋮ Optimal inspection and economical production quantity strategy for an imperfect production process ⋮ A survey of maintenance policies of deteriorating systems ⋮ Towards Practical and Synthetical Modelling of Repairable Systems

Cites Work

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• The development of an integrated mathematical knowledge-based maintenance delivery system
• Optimal minimal-repair and replacement problem with age dependent cost structure
• Optimum Preventive Maintenance Policies
• Periodic replacement when minimal repair costs vary with time
• Periodic Replacement with Increasing Minimal Repair Costs at Failure
• Periodic replacement with minimal repair at failure and adjustment costs
• Optimal Control of Discrete and Continuous Time Maintenance Systems with Variable Service Rates

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