### Abstract

Original language | Undefined |
---|---|

Place of Publication | Enschede |

Publisher | University of Twente, Department of Applied Mathematics |

Publication status | Published - 2000 |

### Publication series

Name | |
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Publisher | Department of Applied Mathematics, University of Twente |

No. | 1515 |

ISSN (Print) | 0169-2690 |

### Keywords

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

### Cite this

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

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*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.

Research output: Book/Report › Report › Other 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 -