IDEAS home Printed from https://ideas.repec.org/a/spr/joptap/v94y1997i3d10.1023_a1022621621633.html
   My bibliography  Save this article

On the Marginal Cost Approach in Maintenance

Author

Listed:
  • J. B. G. Frenk

    (Erasmus University)

  • R. Dekker

    (Erasmus University)

  • M. J. Kleijn

    (Erasmus University)

Abstract

In this paper we investigate the conditions under which the marginal cost approach of Refs. 1–3 holds. As observed in Ref. 4, the validity of the marginal cost approach gives rise to a useful framework of single-component maintenance optimization models, which covers almost all models used in practice. For the class of unimodal finite-valued marginal cost functions, we show that these optimization models are easy to solve.

Suggested Citation

  • J. B. G. Frenk & R. Dekker & M. J. Kleijn, 1997. "On the Marginal Cost Approach in Maintenance," Journal of Optimization Theory and Applications, Springer, vol. 94(3), pages 771-781, September.
    • Handle: RePEc:spr:joptap:v:94:y:1997:i:3:d:10.1023_a:1022621621633
    DOI: 10.1023/A:1022621621633
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1023/A:1022621621633
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1023/A:1022621621633?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. Berg, Menachem P., 1995. "The marginal cost analysis and its application to repair and replacement policies," European Journal of Operational Research, Elsevier, vol. 82(2), pages 214-224, April.
    2. Hans Frenk & Rommert Dekker & Marcel Kleijn, 1997. "A unified treatment of single component replacement models," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 45(3), pages 437-454, October.
    3. Dekker, Rommert, 1995. "Integrating optimisation, priority setting, planning and combining of maintenance activities," European Journal of Operational Research, Elsevier, vol. 82(2), pages 225-240, April.
    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. Hans Frenk & Rommert Dekker & Marcel Kleijn, 1997. "A unified treatment of single component replacement models," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 45(3), pages 437-454, October.
    2. Guo R. & Ascher H. & Love E., 2001. "Towards Practical and Synthetical Modelling of Repairable Systems," Stochastics and Quality Control, De Gruyter, vol. 16(1), pages 147-182, January.
    3. Dekker, Rommert, 1995. "Integrating optimisation, priority setting, planning and combining of maintenance activities," European Journal of Operational Research, Elsevier, vol. 82(2), pages 225-240, April.
    4. T Bedford & B M Alkali, 2009. "Competing risks and opportunistic informative maintenance," Journal of Risk and Reliability, , vol. 223(4), pages 363-372, December.
    5. K. H. Adjallah & K. P. Adzakpa, 2007. "Minimizing maintenance cost involving flow-time and tardiness penalty with unequal release dates," Journal of Risk and Reliability, , vol. 221(1), pages 57-65, March.
    6. Wildeman, R.E. & Dekker, R., 1996. "Dynamic Influences in Multi-Component Maintenance," Econometric Institute Research Papers EI 9630-/A, Erasmus University Rotterdam, Erasmus School of Economics (ESE), Econometric Institute.
    7. Wildeman, R. E. & Dekker, R. & Smit, A. C. J. M., 1997. "A dynamic policy for grouping maintenance activities," European Journal of Operational Research, Elsevier, vol. 99(3), pages 530-551, June.
    8. Berg, Menachem P., 1995. "The marginal cost analysis and its application to repair and replacement policies," European Journal of Operational Research, Elsevier, vol. 82(2), pages 214-224, April.
    9. Drexl, Andreas & Haase, Knut, 1997. "Vorbeugende Instandhaltung und Eilaufträge in der Produktionsplanung," Manuskripte aus den Instituten für Betriebswirtschaftslehre der Universität Kiel 450, Christian-Albrechts-Universität zu Kiel, Institut für Betriebswirtschaftslehre.
    10. Truong Ba, H. & Cholette, M.E. & Borghesani, P. & Zhou, Y. & Ma, L., 2017. "Opportunistic maintenance considering non-homogenous opportunity arrivals and stochastic opportunity durations," Reliability Engineering and System Safety, Elsevier, vol. 160(C), pages 151-161.
    11. Wang, Hongzhou, 2002. "A survey of maintenance policies of deteriorating systems," European Journal of Operational Research, Elsevier, vol. 139(3), pages 469-489, June.
    12. Scarf, Philip A., 1997. "On the application of mathematical models in maintenance," European Journal of Operational Research, Elsevier, vol. 99(3), pages 493-506, June.
    13. Vimal Vijayan & Sanjay K Chaturvedi, 2021. "Multi-component maintenance grouping optimization based on stochastic dependency," Journal of Risk and Reliability, , vol. 235(2), pages 293-305, April.
    14. Markus Bohlin & Mathias Wärja, 2015. "Maintenance optimization with duration-dependent costs," Annals of Operations Research, Springer, vol. 224(1), pages 1-23, January.
    15. van Dijkhuizen, Gerhard & van Harten, Aart, 1997. "Optimal clustering of frequency-constrained maintenance jobs with shared set-ups," European Journal of Operational Research, Elsevier, vol. 99(3), pages 552-564, June.
    16. Do Van, Phuc & Barros, Anne & Bérenguer, Christophe & Bouvard, Keomany & Brissaud, Florent, 2013. "Dynamic grouping maintenance with time limited opportunities," Reliability Engineering and System Safety, Elsevier, vol. 120(C), pages 51-59.
    17. Meller, Russell D. & Kim, David S., 1996. "The impact of preventive maintenance on system cost and buffer size," European Journal of Operational Research, Elsevier, vol. 95(3), pages 577-591, December.
    18. Javad Seif & Mohammad Dehghanimohammadabadi & Andrew Junfang Yu, 2020. "Integrated preventive maintenance and flow shop scheduling under uncertainty," Flexible Services and Manufacturing Journal, Springer, vol. 32(4), pages 852-887, December.
    19. Heidergott, Bernd, 1999. "Optimisation of a single-component maintenance system: A smoothed perturbation analysis approach," European Journal of Operational Research, Elsevier, vol. 119(1), pages 181-190, November.
    20. Li, Lin & Ni, Jun, 2009. "Short-term decision support system for maintenance task prioritization," International Journal of Production Economics, Elsevier, vol. 121(1), pages 195-202, September.

    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:spr:joptap:v:94:y:1997:i:3:d:10.1023_a:1022621621633. 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    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.