Title :
Optimal Overhaul Policy for a Machine
Author :
Khandelwal, D.N. ; Sharma, Jaydev ; Ray, L.M.
Author_Institution :
Department of Electrical Engineering; University of Roorkee; Roorkee 247672 INDIA.
Abstract :
An optimal maintenance (during operation) and overhaul (repair) policy is derived for a production machine. The problem is formulated as a 2-state semi-Markov decision process. If the machine fails during operation, it then transits to the overhaul state. If the machine does not fail, it will become imperative to overhaul it due to increasing maintenance cost.
Keywords :
Biographies; Cost function; Hazards; Maintenance; Notice of Violation; Operations research; Production; Reliability theory; Optimal maintenance; Repair policy; Semi-Markov process;
Journal_Title :
Reliability, IEEE Transactions on
DOI :
10.1109/TR.1979.5220621
