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

P.B. Bruns

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    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

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