Title :
A new approach to evaluate the worthiness of repair
Author :
Jäger, Patrick ; Trost, Monika ; Bertsche, Bernd
Author_Institution :
JHP Beratung, Stuttgart
Abstract :
In this paper the concept of worthiness of repair is presented. After a necessary introduction into expert knowledge, Monte Carlo Simulation, conditional cdf, the Generalized Wiener Process and the basic idea of our worthiness of repair concept we conduct several case studies. We show how the worthiness of repair behaves depending on system complexity and economic circumstances
Keywords :
Monte Carlo methods; failure analysis; maintenance engineering; Generalized Wiener Process; Monte Carlo Simulation; conditional cumulative failure density; economic circumstances; expert knowledge; repair worthiness; system complexity; Decision making; Maintenance; Milling machines; Performance evaluation; Production; Reliability engineering; Shape; Stochastic processes; Uncertainty; Weibull distribution;
Conference_Titel :
Reliability and Maintainability Symposium, 2006. RAMS '06. Annual
Conference_Location :
Newport Beach, CA
Print_ISBN :
1-4244-0007-4
Electronic_ISBN :
0149-144X
DOI :
10.1109/RAMS.2006.1677400