Optimal condition-based and age-based opportunistic maintenance policy for a two-unit series system

• Published in: Computers & industrial engineering Vol. 134; pp. 1 - 10
• Main Authors: Wang, Jingjing, Makis, Viliam, Zhao, Xian
• Format: Journal Article
• Language: English
• Published: Elsevier Ltd 01.08.2019
• Subjects: Economic dependence; Opportunistic maintenance policy; Semi-Markov decision process; Two-unit series system; Opportunistic maintenance policy; Economic dependence; Two-unit series system; Semi-Markov decision process

•New opportunistic policy was developed.•Both CM and age information is utilized.•Failure replacement is initiated immediately unlike in previous papers.•New policy outperforms other widely used policies.•New effective algorithm combines SMDP and NP optimization. A new optimal maintenance policy con...