DocumentCode :
978681
Title :
Analysis of a 2-phase model for optimization of condition-monitoring intervals
Author :
Coolen, Frank P A ; Dekker, Rommert
Author_Institution :
Dept. of Math. Sci., Durham Univ., UK
Volume :
44
Issue :
3
fYear :
1995
fDate :
9/1/1995 12:00:00 AM
Firstpage :
505
Lastpage :
511
Abstract :
Condition monitoring is a maintenance strategy where decisions are made depending on either continuously or regularly measured equipment states. It reduces uncertainty with respect to actual states of equipment, and can thus avoid unnecessary repair or replacement. However, it involves capital expenditure and/or operational costs to perform measurements. This paper presents a basic model for the economic evaluation and optimization of the interval between successive condition measurements (also called inspections), where measurements are expensive and cannot be made continuously. It assumes that the technique can detect an intermediate state to failure for a failure mode of interest. The influence of competing risks is analyzed, leading to the conclusion that once the cost-effectiveness of the condition-monitoring has been established, competing risks need not be considered in determining the optimum condition monitoring interval. Inspection is cost-effective if the intermediate state has a: (1) nondecreasing hazard rate, and (2) shorter mean residence time than the good state (good-as-new condition), while costs of failure are high enough compared with inspection and repair costs in the intermediate state. Assuming that the distribution of the residence time in the second state is unimodal, estimation of the mean (or scale parameter) and standard deviation of this state, in many cases, provides enough information to make a good decision on the inspection interval. The most important model parameters are identified by sensitivity analyses; it is shown that the model can be simplified without seriously affecting optimal decision making
Keywords :
economics; failure analysis; inspection; maintenance engineering; monitoring; optimisation; parameter estimation; sensitivity analysis; 2-phase model analysis; competing risks; condition-monitoring intervals optimisation; economic evaluation; inspections; intermediate state to failure detection; maintenance strategy; measured equipment states; nondecreasing hazard rate; parameters identification; residence time distribution; sensitivity analyses; shorter mean residence time; uncertainty reduction; Condition monitoring; Cost function; Delay effects; Hazards; Inspection; Performance evaluation; Preventive maintenance; Risk analysis; Sensitivity analysis; State estimation;
fLanguage :
English
Journal_Title :
Reliability, IEEE Transactions on
Publisher :
ieee
ISSN :
0018-9529
Type :
jour
DOI :
10.1109/24.406593
Filename :
406593
Link To Document :
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