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http://dx.doi.org/10.5351/CKSS.2008.15.6.909

Maintenance Policy Based on Cost and Downtime Following the Expiration of Combination Warranty  

Jung, Ki-Mun (Department of Informational Statistics, Kyungsung University)
Publication Information
Communications for Statistical Applications and Methods / v.15, no.6, 2008 , pp. 909-923 More about this Journal
Abstract
This paper considers the replacement model and the preventive maintenance model following the expiration of combination warranty for a repairable system. If the system fails after the combination warranty is expired, then it is minimally repaired at each failure. The criterion used to determine the optimal replacement policy and the optimal preventive maintenance policy is the overall value function based on the expected cost rate per unit time and the expected downtime per unit time. The numerical examples are presented for illustrative purpose when the failure time follows a Weibull distribution.
Keywords
Combination warranty; replacement model; preventive maintenance model; cost; downtime; overall value function;
Citations & Related Records
Times Cited By KSCI : 1  (Citation Analysis)
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