2007
DOI: 10.1002/qre.859
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Optimizing the performance of a repairable system under a maintenance and repair contract

Abstract: In this article a number of maintenance models for finite horizons are reviewed. These methods have not been applied as frequently as their infinite horizon counterparts, and yet are very much applicable to systems under maintenance and repair contracts. The emphasis in this paper is on repairable systems under maintenance and repair contracts, where the decision has to be made whether and when to repair or replace the system. Based on a case study, a new finite horizon model will be constructed and new approa… Show more

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Cited by 38 publications
(28 citation statements)
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References 28 publications
(21 reference statements)
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“…PIM is similar to PHM, but with the underlying failure mechanism following a stochastic point process rather than a probabilistic distribution [63]. PIM is used to model the intensity process of failures and repairs of a repairable system which incorporates explanatory variables [54,64]. Volk et al [65] introduces PIM for both non-repairable and repairable systems utilising historic failure data and corresponding diagnostic measurements.…”
Section: Proportional Intensity Modelmentioning
confidence: 99%
See 1 more Smart Citation
“…PIM is similar to PHM, but with the underlying failure mechanism following a stochastic point process rather than a probabilistic distribution [63]. PIM is used to model the intensity process of failures and repairs of a repairable system which incorporates explanatory variables [54,64]. Volk et al [65] introduces PIM for both non-repairable and repairable systems utilising historic failure data and corresponding diagnostic measurements.…”
Section: Proportional Intensity Modelmentioning
confidence: 99%
“…Maximum likelihood estimation is used to estimate regression coefficients. This model is applied in the reliability field [31, 34,64,66].…”
Section: Proportional Intensity Modelmentioning
confidence: 99%
“…Subsequently to these works, many extensions of the previous models were proposed on finite time span [3,4] and also on infinite time horizon in the literature. For survey, the reader may refer, for example, to [5][6][7][8] and the references therein. We note that in most cited works, the authors assumed that the equipment lifetime distribution is parametrically characterized and well known.…”
Section: Introductionmentioning
confidence: 99%
“…Held and Fritz (2009) claim that avionics field reliability data were used to compare two failure rate prediction models but disclose no details about the data used and how the analysis was carried out. Works like Lugtigheid et al (2007) and Jolly and Singh (2014) combine models for repairable and non-repairable items within the same case study. However, they present the empirical data aggregately and limit the explanation of their analysis to how the models were fitted using a particular software package.…”
Section: Assumptions and "Forgotten" Lessons In Field Data Analysismentioning
confidence: 99%
“…Thus, how field reliability data analysis is performed impacts whether or not a business will embark on a long-term equipment support contract and the financial conditions they impose. Example case studies are available on fleets of aircraft engines (Bowman and Schmee, 2001) and industrial machinery (Huang et al, 2013;Lugtigheid et al, 2007).…”
Section: Introductionmentioning
confidence: 99%