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

P.B. Bruns

    Research output: Book/ReportReportOther research output

    54 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.
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    keywords = "IR-65703, EWI-3335, MSC-93E20, MSC-90B25",
    author = "P.B. Bruns",
    note = "Imported from MEMORANDA",
    year = "2000",
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    publisher = "University of Twente, Department of Applied Mathematics",
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    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.