Affiliation:
1. Department of Industrial Engineering, Pusan National University, 30 Jangjeon-dong, Geumjeong-gu, Busan 609-735, Korea
Abstract
A comparison study in basic preventive replacement (PR) policies based on a cumulative damage model is done. Three well-known PR policies (time-based, shock number-based, cumulative damage-based policies) are considered and the expected cost rate is used as the objective function to determine the optimal policy. Each policy requires certain information in the cumulative damage model. We evaluate the expected values of information by numerical examples and investigate the effect of model parameters and cost terms on the optimal expected cost rate. A damage-based replacement policy with periodic inspection is also proposed and compared with the three PR policies by numerical examples.
Publisher
World Scientific Pub Co Pte Lt
Subject
Electrical and Electronic Engineering,Industrial and Manufacturing Engineering,Energy Engineering and Power Technology,Aerospace Engineering,Safety, Risk, Reliability and Quality,Nuclear Energy and Engineering,General Computer Science
Cited by
3 articles.
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