Kk. Lai et al., A sequential method for preventive maintenance and replacement of a repairable single-unit system, J OPER RES, 52(11), 2001, pp. 1276-1283
This paper is concerned with when to implement preventive maintenance (PM)
and replacement for a repairable 'single-unit' system in use. Under the mai
n assumption that a 'single-unit' system gradually deteriorates with time,
a sequential method is proposed to determine an optimal PM and replacement
strategy for the system based on minimising expected loss rate. According t
o this method, PM epochs are determined one after the other, and consequent
ly we can make use of all previous information on the operation process of
the system. Also the replacement epoch depends on the effective age of the
system. A numerical example shows that the sequential method can be used to
solve the PM and replacement problem of a 'single-unit' system efficiently
. Some properties of the loss functions W((L) over bar (n),(b) over bar (n)
)and (W) over bar (r)(N) with respect to PM and replacement respectively ar
e discussed in the appendix.