Optimal maintenance strategies for systems with partial repair options and without assuming bounded costs

P.B. Bruns

Research output: Book/ReportReportOther research output

48 Downloads (Pure)

Abstract

We study a repairable system with Markovian deterioration and partial repair options, carried out at fixed times $n=1,2,\ldots$ and look for optimal strategies under certain conditions. Two optimality criteria are considered: expected discounted cost and long-run average cost. Douer and Yechiali found conditions under which a policy in the class of generalized control limit policies is optimal. In this paper conditions are found under which an optimal policy is a control-limit policy. We explicitly explain how to derive this optimal policy; numerical examples are given, too.
Original languageUndefined
Place of PublicationEnschede
PublisherUniversity of Twente, Department of Applied Mathematics
Publication statusPublished - 2000

Publication series

Name
PublisherDepartment of Applied Mathematics, University of Twente
No.1515
ISSN (Print)0169-2690

Keywords

  • IR-65703
  • EWI-3335
  • MSC-93E20
  • MSC-90B25

Cite this

Bruns, P. B. (2000). Optimal maintenance strategies for systems with partial repair options and without assuming bounded costs. Enschede: University of Twente, Department of Applied Mathematics.
Bruns, P.B. / Optimal maintenance strategies for systems with partial repair options and without assuming bounded costs. Enschede : University of Twente, Department of Applied Mathematics, 2000.
@book{1715c3bc0e6147c2a2d81f579d58cf13,
title = "Optimal maintenance strategies for systems with partial repair options and without assuming bounded costs",
abstract = "We study a repairable system with Markovian deterioration and partial repair options, carried out at fixed times $n=1,2,\ldots$ and look for optimal strategies under certain conditions. Two optimality criteria are considered: expected discounted cost and long-run average cost. Douer and Yechiali found conditions under which a policy in the class of generalized control limit policies is optimal. In this paper conditions are found under which an optimal policy is a control-limit policy. We explicitly explain how to derive this optimal policy; numerical examples are given, too.",
keywords = "IR-65703, EWI-3335, MSC-93E20, MSC-90B25",
author = "P.B. Bruns",
note = "Imported from MEMORANDA",
year = "2000",
language = "Undefined",
publisher = "University of Twente, Department of Applied Mathematics",
number = "1515",

}

Bruns, PB 2000, Optimal maintenance strategies for systems with partial repair options and without assuming bounded costs. University of Twente, Department of Applied Mathematics, Enschede.

Optimal maintenance strategies for systems with partial repair options and without assuming bounded costs. / Bruns, P.B.

Enschede : University of Twente, Department of Applied Mathematics, 2000.

Research output: Book/ReportReportOther research output

TY - BOOK

T1 - Optimal maintenance strategies for systems with partial repair options and without assuming bounded costs

AU - Bruns, P.B.

N1 - Imported from MEMORANDA

PY - 2000

Y1 - 2000

N2 - We study a repairable system with Markovian deterioration and partial repair options, carried out at fixed times $n=1,2,\ldots$ and look for optimal strategies under certain conditions. Two optimality criteria are considered: expected discounted cost and long-run average cost. Douer and Yechiali found conditions under which a policy in the class of generalized control limit policies is optimal. In this paper conditions are found under which an optimal policy is a control-limit policy. We explicitly explain how to derive this optimal policy; numerical examples are given, too.

AB - We study a repairable system with Markovian deterioration and partial repair options, carried out at fixed times $n=1,2,\ldots$ and look for optimal strategies under certain conditions. Two optimality criteria are considered: expected discounted cost and long-run average cost. Douer and Yechiali found conditions under which a policy in the class of generalized control limit policies is optimal. In this paper conditions are found under which an optimal policy is a control-limit policy. We explicitly explain how to derive this optimal policy; numerical examples are given, too.

KW - IR-65703

KW - EWI-3335

KW - MSC-93E20

KW - MSC-90B25

M3 - Report

BT - Optimal maintenance strategies for systems with partial repair options and without assuming bounded costs

PB - University of Twente, Department of Applied Mathematics

CY - Enschede

ER -

Bruns PB. Optimal maintenance strategies for systems with partial repair options and without assuming bounded costs. Enschede: University of Twente, Department of Applied Mathematics, 2000.