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Optimization of replacement policy for a one-component system subject to Poisson shocks

Wu, Qingtai, Wu, Shaomin (2016) Optimization of replacement policy for a one-component system subject to Poisson shocks. International Journal of Systems Science, 3 (2). pp. 114-127. ISSN 0020-7721. E-ISSN 1464-5319. (doi:10.1080/23302674.2015.1066898) (KAR id:49178)

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In reliability engineering, system failures may occur due to intrinsic or extrinsic factors. For example, drinking water systems may fail due to ageing and deterioration (i.e., intrinsic factors) or flooding (i.e., extrinsic factors). An interesting question is: for such systems, how should preventive maintenance be scheduled? This paper investigates this question.

The paper develops a maintenance policy for repairable systems subject to extrinsic shocks. It assumes that a system may fail due to either intrinsic factors or extrinsic factors. Reliability indexes and the expected long run cost rate are then derived. A numerical example is given to illustrate the theoretical results.

Item Type: Article
DOI/Identification number: 10.1080/23302674.2015.1066898
Subjects: H Social Sciences > HA Statistics > HA33 Management Science
Divisions: Divisions > Kent Business School - Division > Department of Analytics, Operations and Systems
Depositing User: Shaomin Wu
Date Deposited: 29 Jun 2015 14:06 UTC
Last Modified: 09 Dec 2022 06:34 UTC
Resource URI: (The current URI for this page, for reference purposes)
Wu, Shaomin:
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