IDEAS home Printed from https://ideas.repec.org/a/eee/reensy/v241y2024ics0951832023005884.html
   My bibliography  Save this article

A resilience-based maintenance optimisation framework using multiple criteria and Knapsack methods

Author

Listed:
  • Karar, Ahmed Noaman
  • Labib, Ashraf
  • Jones, Dylan

Abstract

Business fluctuations and pandemics such as COVID 19 have revealed the need for more resilient approaches and processes in the asset management domain. This research aims to design a resilience-based maintenance optimisation (RbMO) framework that absorbs the fluctuations in the operating context and sustains asset performance at an optimum maintenance cost and an acceptable level of risk. The paper proposes a framework that employs the analytical hierarchy process (AHP) to translate the different operating context parameters into risk aspects with relative weights that differ from one operating scenario to another. The Knapsack method then uses these relative weights to define the risk reduction of each maintenance task and pick the optimum ones within the allocated maintenance budget. Additionally, the approach introduces the nested criticality grid (NCG), which graphically demonstrates the inherent, Knapsack and residual risk profiles from the failure mode level up to the unit level enabling an informative decision-making process, where the asset owner can wisely distribute the maintenance budget or achieve efficient cost savings. Finally, the main advantage of this model lies in its comprehensive continuous improvement cycle of the proposed RbMO framework, which ties the different components of the proposed approach together and forms an integrated system that promotes a more resilient strategy for asset maintenance management, enabling asset owners to effectively manage business fluctuations and operating context changes.

Suggested Citation

  • Karar, Ahmed Noaman & Labib, Ashraf & Jones, Dylan, 2024. "A resilience-based maintenance optimisation framework using multiple criteria and Knapsack methods," Reliability Engineering and System Safety, Elsevier, vol. 241(C).
  • Handle: RePEc:eee:reensy:v:241:y:2024:i:c:s0951832023005884
    DOI: 10.1016/j.ress.2023.109674
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0951832023005884
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.ress.2023.109674?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Jianping Li & Chunbing Bao & Dengsheng Wu, 2018. "How to Design Rating Schemes of Risk Matrices: A Sequential Updating Approach," Risk Analysis, John Wiley & Sons, vol. 38(1), pages 99-117, January.
    2. Bokrantz, Jon & Skoogh, Anders & Berlin, Cecilia & Wuest, Thorsten & Stahre, Johan, 2020. "Smart Maintenance: a research agenda for industrial maintenance management," International Journal of Production Economics, Elsevier, vol. 224(C).
    3. Cai, Baoping & Xie, Min & Liu, Yonghong & Liu, Yiliu & Feng, Qiang, 2018. "Availability-based engineering resilience metric and its corresponding evaluation methodology," Reliability Engineering and System Safety, Elsevier, vol. 172(C), pages 216-224.
    4. Vicki Bier, 2020. "The Role of Decision Analysis in Risk Analysis: A Retrospective," Risk Analysis, John Wiley & Sons, vol. 40(S1), pages 2207-2217, November.
    5. Hosseini, Seyedmohsen & Barker, Kash & Ramirez-Marquez, Jose E., 2016. "A review of definitions and measures of system resilience," Reliability Engineering and System Safety, Elsevier, vol. 145(C), pages 47-61.
    6. Nolberto Munier & Eloy Hontoria, 2021. "Uses and Limitations of the AHP Method," Management for Professionals, Springer, number 978-3-030-60392-2, December.
    7. Bokrantz, Jon & Skoogh, Anders & Berlin, Cecilia & Wuest, Thorsten & Stahre, Johan, 2020. "Smart Maintenance: an empirically grounded conceptualization," International Journal of Production Economics, Elsevier, vol. 223(C).
    8. Louis Anthony (Tony)Cox, 2008. "What's Wrong with Risk Matrices?," Risk Analysis, John Wiley & Sons, vol. 28(2), pages 497-512, April.
    9. Kim, Kayoung & Cho, Youngsang, 2017. "Estimation of power outage costs in the industrial sector of South Korea," Energy Policy, Elsevier, vol. 101(C), pages 236-245.
    10. Orlando Durán & Belén Vergara, 2022. "Maintenance Strategies Definition Based on Systemic Resilience Assessment: A Fuzzy Approach," Mathematics, MDPI, vol. 10(10), pages 1-16, May.
    11. Dormady, Noah C. & Rose, Adam & Roa-Henriquez, Alfredo & Morin, C. Blain, 2022. "The cost-effectiveness of economic resilience," International Journal of Production Economics, Elsevier, vol. 244(C).
    12. Seyed Mohammad Asadzadeh & Hadi Maleki & Mehrab Tanhaeean, 2020. "A resilience engineering-based approach to improving service reliability in maintenance organizations," International Journal of System Assurance Engineering and Management, Springer;The Society for Reliability, Engineering Quality and Operations Management (SREQOM),India, and Division of Operation and Maintenance, Lulea University of Technology, Sweden, vol. 11(5), pages 909-922, October.
    13. Mahmood Shafiee & Ashraf Labib & Jhareswar Maiti & Andrew Starr, 2019. "Maintenance strategy selection for multi-component systems using a combined analytic network process and cost-risk criticality model," Journal of Risk and Reliability, , vol. 233(2), pages 89-104, April.
    14. Karar, Ahmed Noaman & Labib, Ashraf & Jones, Dylan, 2023. "Post-warranty maintenance strategy selection using shape packages process," International Journal of Production Economics, Elsevier, vol. 255(C).
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Wei, Lu & Jing, Haozhe & Huang, Jie & Deng, Yuqi & Jing, Zhongbo, 2023. "Do textual risk disclosures reveal corporate risk? Evidence from U.S. fintech corporations," Economic Modelling, Elsevier, vol. 127(C).
    2. Eldosouky, AbdelRahman & Saad, Walid & Mandayam, Narayan, 2021. "Resilient critical infrastructure: Bayesian network analysis and contract-Based optimization," Reliability Engineering and System Safety, Elsevier, vol. 205(C).
    3. Mottahedi, Adel & Sereshki, Farhang & Ataei, Mohammad & Qarahasanlou, Ali Nouri & Barabadi, Abbas, 2021. "Resilience estimation of critical infrastructure systems: Application of expert judgment," Reliability Engineering and System Safety, Elsevier, vol. 215(C).
    4. Dui, Hongyan & Liu, Meng & Song, Jiaying & Wu, Shaomin, 2023. "Importance measure-based resilience management: Review, methodology and perspectives on maintenance," Reliability Engineering and System Safety, Elsevier, vol. 237(C).
    5. Dmitry Borisoglebsky & Liz Varga, 2019. "A Resilience Toolbox and Research Design for Black Sky Hazards to Power Grids," Complexity, Hindawi, vol. 2019, pages 1-15, June.
    6. Caputo, A.C. & Donati, L. & Salini, P., 2023. "Estimating resilience of manufacturing plants to physical disruptions: Model and application," International Journal of Production Economics, Elsevier, vol. 266(C).
    7. Adel Mottahedi & Farhang Sereshki & Mohammad Ataei & Ali Nouri Qarahasanlou & Abbas Barabadi, 2021. "The Resilience of Critical Infrastructure Systems: A Systematic Literature Review," Energies, MDPI, vol. 14(6), pages 1-32, March.
    8. Bokrantz, Jon & Skoogh, Anders, 2023. "Adoption patterns and performance implications of Smart Maintenance," International Journal of Production Economics, Elsevier, vol. 256(C).
    9. Colombari, Ruggero & Geuna, Aldo & Helper, Susan & Martins, Raphael & Paolucci, Emilio & Ricci, Riccardo & Seamans, Robert, 2023. "The interplay between data-driven decision-making and digitalization: A firm-level survey of the Italian and U.S. automotive industries," International Journal of Production Economics, Elsevier, vol. 255(C).
    10. Poulin, Craig & Kane, Michael B., 2021. "Infrastructure resilience curves: Performance measures and summary metrics," Reliability Engineering and System Safety, Elsevier, vol. 216(C).
    11. Cai, Baoping & Zhang, Yanping & Wang, Haifeng & Liu, Yonghong & Ji, Renjie & Gao, Chuntan & Kong, Xiangdi & Liu, Jing, 2021. "Resilience evaluation methodology of engineering systems with dynamic-Bayesian-network-based degradation and maintenance," Reliability Engineering and System Safety, Elsevier, vol. 209(C).
    12. Vicki Bier, 2020. "The Role of Decision Analysis in Risk Analysis: A Retrospective," Risk Analysis, John Wiley & Sons, vol. 40(S1), pages 2207-2217, November.
    13. Thomas Ying‐Jeh Chen & Valerie Nicole Washington & Terje Aven & Seth David Guikema, 2020. "Review and Evaluation of the J100‐10 Risk and Resilience Management Standard for Water and Wastewater Systems," Risk Analysis, John Wiley & Sons, vol. 40(3), pages 608-623, March.
    14. Niamat Ullah Ibne Hossain & Farjana Nur & Raed Jaradat & Seyedmohsen Hosseini & Mohammad Marufuzzaman & Stephen M. Puryear & Randy K. Buchanan, 2019. "Metrics for Assessing Overall Performance of Inland Waterway Ports: A Bayesian Network Based Approach," Complexity, Hindawi, vol. 2019, pages 1-17, May.
    15. Caputo, Antonio C. & Kalemi, Bledar & Paolacci, Fabrizio & Corritore, Daniele, 2020. "Computing resilience of process plants under Na-Tech events: Methodology and application to sesmic loading scenarios," Reliability Engineering and System Safety, Elsevier, vol. 195(C).
    16. Laubengaier, Désirée A. & Cagliano, Raffaella & Canterino, Filomena, 2022. "It Takes Two to Tango: Analyzing the Relationship between Technological and Administrative Process Innovations in Industry 4.0," Technological Forecasting and Social Change, Elsevier, vol. 180(C).
    17. Umunnakwe, A. & Huang, H. & Oikonomou, K. & Davis, K.R., 2021. "Quantitative analysis of power systems resilience: Standardization, categorizations, and challenges," Renewable and Sustainable Energy Reviews, Elsevier, vol. 149(C).
    18. Tortorella, Guilherme Luz & Fogliatto, Flavio S. & Cauchick-Miguel, Paulo A. & Kurnia, Sherah & Jurburg, Daniel, 2021. "Integration of Industry 4.0 technologies into Total Productive Maintenance practices," International Journal of Production Economics, Elsevier, vol. 240(C).
    19. Zhang, Yanping & Cai, Baoping & Liu, Yiliu & Jiang, Qiangqiang & Li, Wenchao & Feng, Qiang & Liu, Yonghong & Liu, Guijie, 2021. "Resilience assessment approach of mechanical structure combining finite element models and dynamic Bayesian networks," Reliability Engineering and System Safety, Elsevier, vol. 216(C).
    20. Fauzan Hanif Jufri & Jun-Sung Kim & Jaesung Jung, 2017. "Analysis of Determinants of the Impact and the Grid Capability to Evaluate and Improve Grid Resilience from Extreme Weather Event," Energies, MDPI, vol. 10(11), pages 1-17, November.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:reensy:v:241:y:2024:i:c:s0951832023005884. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: https://www.journals.elsevier.com/reliability-engineering-and-system-safety .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.