Optimal component replacement decisions using vibration monitoring and the proportional-hazards model - Vlok, P J; Coetzee, J L; Banjevic, D; Jardine, A K S; Makis, V (The Journal of the Operational Research Society, 2002)
Keywords: Applied sciences; Average cost; Business and Management; case study; Case-oriented Paper; Case-Oriented Papers; circulating pump; Computer software; Cost efficiency; Exact sciences and technology; Management; Modeling; Operational research and scientific management; Operational research. Management science; Operations research; Operations Research/Decision Theory; Optimal policy; optimal replacement policy; Optimization; Petrochemicals industry; proportional hazards model; Pumps; Reliability theory. Replacement problems; Replacement value; Risk theory. Actuarial science; Studies; Transition probabilities; Vibration; vibration monitoring; circulating pump; proportional hazards model; optimal replacement policy; case study; vibration monitoring; Case study; Optimal decision; Petrochemical industry; Vibration; Replacement problem; Optimal policy; Circulating pump; Maintenance engineering; Weibull distribution; Monitoring; Optimization; Hazard