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Optimal condition-based maintenance policy for multi-component repairable systems with economic dependence in a finite-horizon

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  • Zhang, Wenyu
  • Zhang, Xiaohong
  • He, Shuguang
  • Zhao, Xing
  • He, Zhen

Abstract

Industrial production entails using numerous multi-component repairable systems (MCRS), and the reliability of these systems is often affected by a varying level of degradation. To maintain the reliability of degraded systems, engineers usually perform inspections and preventive maintenance programs. Existing maintenance optimization research mainly relies on renewal theories and typically overlooks component repairability. However, incorporating component repairability makes identifying renewal cycles challenging over an infinite time horizon.

Suggested Citation

  • Zhang, Wenyu & Zhang, Xiaohong & He, Shuguang & Zhao, Xing & He, Zhen, 2024. "Optimal condition-based maintenance policy for multi-component repairable systems with economic dependence in a finite-horizon," Reliability Engineering and System Safety, Elsevier, vol. 241(C).
    • Handle: RePEc:eee:reensy:v:241:y:2024:i:c:s0951832023005264
    DOI: 10.1016/j.ress.2023.109612
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    Cited by:

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    3. Veljanovski, N. & ÄŒepin, M., 2024. "Event tree-based risk and financial assessment for power plants," Reliability Engineering and System Safety, Elsevier, vol. 247(C).

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