Probability in the Engineering and Informational Sciences · 2003 · 89 citations · 8 references
EngineeringIndustrial EngineeringSystems EngineeringMaintenance EngineeringMarkov Decision ProcessesCondition-based MaintenanceMaintenance ManagementMaintenance OptimizationMaintenance PolicyMaintenance StrategyPreventive MaintenanceAlarm Threshold OptimizationAlarm Threshold SettingsAsymptotic StabilityDegradation ModelingMaintenance IntervalsMaintenance PrognosticsPreventive Maintenance OptimizationStochastic Deterioration Modeling
We consider a continuously monitored system that gradually and stochastically deteriorates. An alarm threshold is set on the system deterioration level for triggering a delayed preventive maintenance operation. A mathematical model is developed to find the value of the alarm threshold that minimizes the asymptotic unavailability. Approximations are derived to improve the numerical optimization.
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Applied Probability and Queues.
Upendra Dave, Søren Asmussen · Journal of the Operational Research Society · 1987 · 2.8K citations