MAINTENANCE POLICIES WHEN FAILURE DISTRIBUTION OF EQUIPMENT IS ONLY PARTIALLY KNOWN.

Z. Kander*, A. Raviv

*Corresponding author for this work

Research output: Contribution to journalArticle

8 Scopus citations

Abstract

An optimal schedule for checking equipment subject to failure which can be detected by inspection only, is derived. Increasing failure rate and one percentile specify the otherwise unknown life distribution. Dynamic programming methodology yields the solution which minimizes the maximum expected cost. Numerical examples are presented and compared with models employing differing amounts of knowledge.

Original languageEnglish (US)
Pages (from-to)419-429
Number of pages11
JournalNaval Research Logistics
Volume21
Issue number3
DOIs
StatePublished - 1974

ASJC Scopus subject areas

  • Modeling and Simulation
  • Ocean Engineering
  • Management Science and Operations Research

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