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- W2949593832 abstract "We present a flexible, formal framework for maintenance scheduling for public facilities. Key features of the model includes an accelerating deterioration scheme, a general utility measure, and real estate market effects in the salvage function. The model is rich enough to capture a range of stylistic scenarios pertaining to public facilities while remaining simple enough to allow formal analysis of the optimal maintenance schedule. Based on our analysis, we draw a phase diagram that classifies the generic behavior of the optimal solution. We illustrate our analysis in numerical examples that highlight essential trade-offs and the time dependence of the facility maintenance problem. Under simplifying assumptions, we also derive the basics of an exact solution." @default.
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- W2949593832 date "2019-01-01" @default.
- W2949593832 modified "2023-09-24" @default.
- W2949593832 title "An Analysis of Maintenance Schedules for Public Facilities" @default.
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