A sequential method for preventive maintenance and replacement of a repairable single-unit system

• Published in: The Journal of the Operational Research Society Vol. 52; no. 11; pp. 1276 - 1283
• Main Authors: Lai, K K, Leung, K N F, Tao, B, Wang, S Y
• Format: Journal Article
• Language: English
• Published: London Taylor & Francis 01.11.2001; Palgrave Macmillan Press; Palgrave Macmillan UK; Palgrave; Taylor & Francis Ltd
• Subjects: Applied sciences; Business and Management; corrective maintenance; Distribution functions; Engine transmissions; Exact sciences and technology; Increasing functions; loss; Maintenance; Maintenance costs; Maintenance management; Management; Mathematical functions; Mathematical models; Mathematical theorems; Minimization of cost; Operational research and scientific management; Operational research. Management science; Operations research; Operations Research/Decision Theory; Preventive maintenance; Rapid prototyping; Reliability theory. Replacement problems; replacement; sequential method; Sequential scheduling; Studies; Theoretical Paper; Theoretical Papers; corrective maintenance; sequential method; loss; replacement; preventive maintenance; Loss function; Optimal strategy; Sequential method; Replacement problem; Loss rate; Loss system; Preventive maintenance

This paper is concerned with when to implement preventive maintenance (PM) and replacement for a repairable 'single-unit' system in use. Under the main assumption that a 'single-unit' system gradually deteriorates with time, a sequential method is proposed to determine an optimal...