• Title/Summary/Keyword: Repair and Replacement Cost

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Optimal replacement strategy under repair warranty with age-dependent minimal repair cost

  • Jung, K.M.
    • International Journal of Reliability and Applications
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    • v.12 no.2
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    • pp.117-122
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    • 2011
  • In this paper, we suggest the optimal replacement policy following the expiration of repair warranty when the cost of minimal repair depends on the age of system. To do so, we first explain the replacement model under repair warranty. And then the optimal replacement policy following the expiration of repair warranty is discussed from the user's point of view. The criterion used to determine the optimality of the replacement model is the expected cost rate per unit time, which is obtained from the expected cycle length and the expected total cost for our replacement model. The numerical examples are given for illustrative purpose.

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Development of Repair and Replacement Cost Management System for Public Buildings to Establish Accurate Facility Management Budgets

  • Choi, Min-Chan;Lee, Chun-Kyong;Jung, Tae-Gab;Park, Tae-Keun
    • Architectural research
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    • v.14 no.2
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    • pp.75-83
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    • 2012
  • Buildings that are more than 10 years old generally have considerable repair and replacement costs due to the rapid deterioration of their systems. For public buildings in particular, which have national and social significance, considerable effort is required not only to ensure a long life cycle and safety but also to minimize the overall public expense. Along with increasing repair and replacement requirements, however, there have been problems related to the establishment of an accurate facility management budget. To address these concerns, a repair and replacement cost management system was constructed. This system manages both invested maintenance and forecast costs to establish a reasonable repair and replacement planning process and budget. The effectiveness of the system was verified through a pilot test targeting one of public Corporation (K).

Extended warranty model under minimal repair-replacement warranty policy

  • Jung, Ki Mun
    • International Journal of Reliability and Applications
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    • v.18 no.1
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    • pp.1-8
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    • 2017
  • In this paper, we study an extended warranty model under minimal repair-replacement warranty (MRRW) which is suggested by Park, Jung and Park (2013). Under MRRW policy, the manufacturer is responsible for providing the minimal repair-replacement services upon the system failures during the warranty period. And if the failure occurs during the extended warranty period, only the minimal repair is conducted. Following the expiration of extended warranty, the user is solely responsible for maintaining the system for a fixed length of time period and replaces the system at the end of such a maintenance period. During the maintenance period, only the minimally repair is given for each system failure. The main purpose of this article is to suggest the extended warranty and replacement model with MRRW. Given the cost structures incurred during the life cycle of the system, we formulate the expected cost and the expected length of life cycle to obtain the expected cost rate.

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Replacement model under warranty with age-dependent minimal repair

  • Park, Minjae
    • International Journal of Reliability and Applications
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    • v.18 no.1
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    • pp.9-20
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    • 2017
  • In this paper, we consider a renewable repair-replacement warranty strategy with age-dependent minimal repair service and propose an optimal maintenance model during post-warranty period. Such model implements the repair time limit under warranty and follows with a certain form of system maintenance strategy when the warranty expires. The expected cost rate is investigated per unit time during the life period of the system as for the standard for optimality. Based on the cost design defined for each failure of the system, the expected cost rate is derived during the life period of the system, considering that a renewable minimal repair-replacement warranty strategy with the repair time limit is provided to the customer under warranty. When the warranty is finished, the maintenance of the system is the customer's responsibility. The life period of the system is defined and the expected cost rate is developed from the viewpoint of the customer's perspective. We obtain the optimal maintenance strategy during the maintenance period by minimizing such a cost rate after a warranty expires. Numerical examples using field data are shown to exemplify the application of the methodologies proposed in this paper.

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A Corrective Maintenance Policy Which Determines Replacement or Repair for the Maintenance of System Failures

  • Jang, Jae-Jin;Lie, Chang-Hoon
    • Journal of the military operations research society of Korea
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    • v.15 no.1
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    • pp.54-62
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    • 1989
  • This paper presents a corrective maintenance model to determine either type of maintenance actions upon failure of the system. Types of maintenance actions considered are minimal repair and replacement. Minimal repair cost is assumed to be random, whereas replacement cost is fixed. A policy, B(t), which determines the type of maintenance action based on the estimated minimal repair cost when the system fails at time t is adopted. To obtain an optimal policy, an expected maintenance cost per unit time is derived and is minimized with respect to B(t).

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Cost Analysis Model for Minimal Repair in Free-Replacement Policy (무상수리 정책에서 응급수리 적용의 비용분석 모델)

  • 김재중;김원중
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.20 no.43
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    • pp.241-247
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    • 1997
  • This paper is concerned with cost analysis model in free-replacement policy. The free-replacement policy with minimal repair is considered as follows; in a manufacturer's view point operating unit is periodically replaced, if a failure occurs between minimal repair and periodic maintenance time, unit is remained in a failure condition. Also unit undergoes minimal repair at failures in minimal-repair interval. Then total expected cost is calculated according to the parameter of failure distribution in a view of consumer's. The expected costs are included repair cost and usage cost: operating, fixed, minimal repair and loss cost. Numerical example is shown in which failure time of item has weibull distribution.

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Cost analysis of RRNRW from the manufacturer's perspective (재생교체-비재생수리보증에 대한 생산자 측면의 비용분석)

  • Jung, Ki Mun
    • Journal of Applied Reliability
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    • v.12 no.4
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    • pp.255-263
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    • 2012
  • This paper considers the cost analysis from the manufacturer's point of view for renewing replacement and non-renewing repair warranty(RRNRW) of a repairable system. To do so, we consider the renewing replacement and non-renewing repair warranty, which is proposed by Jung(2011). To analysis the expected warranty cost from the manufacturer's perspective for renewing replacement and non-renewing warranty, we obtain the expected total warranty cost and the expected warranty length which are very important information for the manufacturer. Finally, the numerical examples are presented for illustrative purpose.

Replacement Model Following the Expiration of Free RRNMW (무료 재생교체-비재생수리보증이 종료된 이후의 교체모형)

  • Jung, Ki-Mun
    • Communications for Statistical Applications and Methods
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    • v.18 no.6
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    • pp.697-705
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    • 2011
  • This paper proposes an optimal replacement policy following the expiration of a free renewing replacement-non-renewing minimal repair warranty. To do so, the free renewing replacement-non-renewing minimal repair warranty is defined and then the maintenance model following the expiration of free renewing replacement-non-renewing minimal repair warranty from the user's point of view is studied. As the criteria to determine the optimality of the maintenance policy, we consider the expected cost rate per unit time from the user's perspective. We derive the expressions for the expected cycle length and the expected total cost to obtain the expected cost rate per unit time. Finally, the numerical examples are presented for illustrative purposes.

The ($\textsc{k}, t_p$) Replacement Policy for the System subject to Two Types of Failure

  • Lee, Seong-Yoon
    • Journal of the military operations research society of Korea
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    • v.25 no.2
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    • pp.144-157
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    • 1999
  • In this paper, we consider a new preventive replacement policy for the system which deteriorates while it is in operation with an increasing failure rate. The system is subject to two types of failure. A type 1 failure is repairable while a type 2 failure is not repairable. In the new policy, a system is replaced at the age of $t_p$ or at the instant the$\textsc{k}^{th}$ type 1 failure occurs, whichever comes first. However, if a type 2 failure occurs before a preventive replacement is performed, a failure replacement should be made. We assume that a type 1 failure can be rectified with a minimal repair. We also assume that a replacement takes a non-negligible amount of time while a minimal repair takes a negligible amount of time. Under a cost structure which includes a preventive replacement cost, a failure replacement cost and a minimal repair cost, we develop a model to find the optimal ($\textsc{k},t_p$) policy which minimizes the expected cost per unit time in the long run while satisfying a system availability constraint.

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Preventive maintenance policy following the expiration of replacement-repair warranty (교체-수리보증이 종료된 이후의 예방보전정책)

  • Jung, Ki-Mun
    • Journal of Applied Reliability
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    • v.12 no.2
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    • pp.57-66
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    • 2012
  • In this paper, we consider the periodic preventive maintenance model for a repairable system following the expiration of replacement-repair warranty. Under this preventive maintenance model, we derive the expressions for the expected cycle length, the expected total cost and the expected cost rate per unit time. Also, we determine the optimal preventive maintenance period and the optimal preventive maintenance number by minimizing the expected cost rate per unit time. Finally, the optimal periodic preventive maintenance policy is given for Weibull distribution case.