An optimal condition-based maintenance policy for a degrading system subject to the competing risks of soft and hard failure - Tang, Diyin; Yu, Jinsong; Chen, Xiongzi; Makis, Viliam (Computers & industrial engineering, 2015)
Keywords: Age; Competing risks; Condition-based maintenance; Cost reduction; Decision making models; Degradation; Effectiveness studies; Failure; Failure rates; Hard failure; Maintenance; Markov analysis; Mathematical models; Optimization algorithms; Policies; Preventive maintenance; Random-coefficient autoregressive model with time effect; Regression analysis; Risk; Semi-Markov decision process; Soft failure; Competing risks; Hard failure; Semi-Markov decision process; Soft failure; Condition-based maintenance; Random-coefficient autoregressive model with time effect