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• W249068194 abstract "Department of Industrial Engineering, Seoul National UniversityThe maintenance of a deteriorating system is often imperfect. Previous studies have shown that the imperfect preventive maintenance (PM) can reduce the wear out and aging effects of deteriorating systems to a certain level between the conditions of as good as new and as bad as old. In this paper, we employ the concept of the improvement factor in investigating two optimal PM policies; failure limit policy and periodic PM policy. We redefine the improvement factor model as a function of the cost of PM, using this concept, we derive the conditions of optimal PM policies and formulate expressions to compute the expected cost rate. Based on this information, the determination of the maintenance policies which minimize the cost rate is examined. Numerical examples for the Weibull distribution case are also given." @default.
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• W249068194 date "2010-01-01" @default.
• W249068194 modified "2023-09-24" @default.
• W249068194 title "Optimal Preventive Maintenance Policy with Cost-dependent Improvement Factor" @default.
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