Assessing Maintenance Contracts when Preventive Maintenance is Outsourced

Wu, Shaomin (2012) Assessing Maintenance Contracts when Preventive Maintenance is Outsourced. Reliability Engineering and System Safety, 98 (1). pp. 66-72. ISSN 0951-8320 . (doi: (Full text available)

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In some companies, corrective maintenance is conducted in-house but preventive maintenance might be outsourced. This raises a need to optimise some parameters such as the number of contracts from a perspective of the equipment owner. This paper considers a maintenance policy for such a situation, analyses the roles of the parameters in a PM model, proposes approaches to defining bonus functions, and finally discusses special cases of both the PM policy and the bonus function. Numerical examples are also given to explore the impact of parameters on the expected lifecycle cost rate. © 2011 Elsevier Ltd. All rights reserved.

Item Type: Article
Additional information: Unmapped bibliographic data: PY - 2012/// [EPrints field already has value set] AD - Cranfield University, School of Applied Sciences, Cranfield, Bedfordshire MK43 0AL, United Kingdom [Field not mapped to EPrints] JA - Reliab Eng Syst Saf [Field not mapped to EPrints]
Uncontrolled keywords: Bonus function, Corrective maintenance (CM), Maintenance outsourcing, Minimal repair, Preventive maintenance (PM), Corrective maintenance, Lifecycle costs, Maintenance contracts, Maintenance outsourcing, Maintenance policy, Minimal repair, Numerical example, P-M model, Outsourcing, Preventive maintenance
Subjects: H Social Sciences
H Social Sciences > HA Statistics > HA33 Management Science
Divisions: Faculties > Social Sciences > Kent Business School
Faculties > Social Sciences > Kent Business School > Management Science
Depositing User: Shaomin Wu
Date Deposited: 26 Oct 2012 15:24 UTC
Last Modified: 17 Apr 2014 09:12 UTC
Resource URI: (The current URI for this page, for reference purposes)
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