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An optimum group maintenance policy

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  • K. Okumoto
  • E. A. Elsayed

Abstract

In this article we present an optimum maintenance policy for a group of machines subject to stochastic failures where the repair cost and production loss due to the breakdown of machines are minimized. A nomograph was developed for machines with exponential failure time distributions. The optimal schedule time for repair as well as the total repair cost per cycle can be obtained easily from the nomograph. Conditions for the existence of a unique solution for the optimum schedule and the bounds for the schedule are discussed.

Suggested Citation

  • K. Okumoto & E. A. Elsayed, 1983. "An optimum group maintenance policy," Naval Research Logistics Quarterly, John Wiley & Sons, vol. 30(4), pages 667-674, December.
    • Handle: RePEc:wly:navlog:v:30:y:1983:i:4:p:667-674
    DOI: 10.1002/nav.3800300412
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