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A finite horizon model for repairable systems with repair restrictions

Author

Listed:
  • D Lugtigheid

    (University of Toronto)

  • X Jiang

    (Louisiana State University)

  • A K S Jardine

    (University of Toronto)

Abstract

In this paper, we will present a new finite horizon repair/replacement decision model and derive the structure of the optimal policy for components that have a failure intensity that is a non-decreasing function of the number of times the component has been repaired, and independent of the component's age. Furthermore, the component has physical restrictions on the number of times it can be repaired, after which the only feasible decision is to replace the component. The fundamentals of this new decision model are based on the outcomes of several case studies done by the authors. Besides presenting the model and showing the structure of the optimal policy, the model will be applied to a real industry data set, and its results discussed.

Suggested Citation

  • D Lugtigheid & X Jiang & A K S Jardine, 2008. "A finite horizon model for repairable systems with repair restrictions," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 59(10), pages 1321-1331, October.
    • Handle: RePEc:pal:jorsoc:v:59:y:2008:i:10:d:10.1057_palgrave.jors.2602471
    DOI: 10.1057/palgrave.jors.2602471
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    References listed on IDEAS

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    1. Wang, Hongzhou, 2002. "A survey of maintenance policies of deteriorating systems," European Journal of Operational Research, Elsevier, vol. 139(3), pages 469-489, June.
    2. Jack, Nat & Van der Duyn Schouten, Frank, 2000. "Optimal repair-replace strategies for a warranted product," International Journal of Production Economics, Elsevier, vol. 67(1), pages 95-100, August.
    3. Philip J. Boland & Frank Proschan, 1982. "Periodic Replacement with Increasing Minimal Repair Costs at Failure," Operations Research, INFORMS, vol. 30(6), pages 1183-1189, December.
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    Citations

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    Cited by:

    1. Wang, Wenbin, 2010. "A model for maintenance service contract design, negotiation and optimization," European Journal of Operational Research, Elsevier, vol. 201(1), pages 239-246, February.
    2. Dursun, İpek & Akçay, Alp & van Houtum, Geert-Jan, 2022. "Age-based maintenance under population heterogeneity: Optimal exploration and exploitation," European Journal of Operational Research, Elsevier, vol. 301(3), pages 1007-1020.
    3. Si, Xiao-Sheng & Wang, Wenbin & Hu, Chang-Hua & Zhou, Dong-Hua, 2011. "Remaining useful life estimation - A review on the statistical data driven approaches," European Journal of Operational Research, Elsevier, vol. 213(1), pages 1-14, August.
    4. de Jonge, Bram & Dijkstra, Arjan S. & Romeijnders, Ward, 2015. "Cost benefits of postponing time-based maintenance under lifetime distribution uncertainty," Reliability Engineering and System Safety, Elsevier, vol. 140(C), pages 15-21.
    5. XiaoFei, Lu & Min, Liu, 2014. "Hazard rate function in dynamic environment," Reliability Engineering and System Safety, Elsevier, vol. 130(C), pages 50-60.
    6. W Wang, 2011. "Overview of a semi-stochastic filtering approach for residual life estimation with applications in condition based maintenance," Journal of Risk and Reliability, , vol. 225(2), pages 185-197, June.
    7. van der Heijden, Matthieu & Iskandar, Bermawi P., 2013. "Last time buy decisions for products sold under warranty," European Journal of Operational Research, Elsevier, vol. 224(2), pages 302-312.
    8. Kurt, Murat & Kharoufeh, Jeffrey P., 2010. "Optimally maintaining a Markovian deteriorating system with limited imperfect repairs," European Journal of Operational Research, Elsevier, vol. 205(2), pages 368-380, September.
    9. de Jonge, Bram & Scarf, Philip A., 2020. "A review on maintenance optimization," European Journal of Operational Research, Elsevier, vol. 285(3), pages 805-824.
    10. Dursun, İpek & Akçay, Alp & van Houtum, Geert-Jan, 2022. "Data pooling for multiple single-component systems under population heterogeneity," International Journal of Production Economics, Elsevier, vol. 250(C).
    11. R Peng & G Levitin & M Xie & S H Ng, 2011. "Optimal defence of single object with imperfect false targets," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 62(1), pages 134-141, January.

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