Abstract
In this chapter we combine the general lifetime model of Chapter 3 with maintenance actions like repairs and replacements. Given a certain cost and reward structure an optimal repair and replacement strategy will be derived. We begin with some basic and well-known models and come then to more complex ones, which show how the general approach can be exploited to open a variety of different optimization models.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 1999 Springer-Verlag New York, Inc.
About this chapter
Cite this chapter
(1999). Maintenance Optimization. In: Aven, T., Jensen, U. (eds) Stochastic Models in Reliability. Stochastic Modelling and Applied Probability, vol 41. Springer, New York, NY. https://doi.org/10.1007/978-0-387-22593-7_5
Download citation
DOI: https://doi.org/10.1007/978-0-387-22593-7_5
Publisher Name: Springer, New York, NY
Print ISBN: 978-0-387-98633-3
Online ISBN: 978-0-387-22593-7
eBook Packages: Springer Book Archive