The present study is intended to develop a Preventive Maintenance (PM) policy for industrial applications, while considering two different objectives: the first objective is to optimize the total maintenance costs, i.e., the Preventive Maintenance (PM) and Emergency Maintenance (EM) Costs Per Unit Time. (CPUT). The second objective is to design the policy in such a way that the simplicity of it...

this paper studies a maintenance policy for a system composed of two components, which are subject to continuous deterioration and consequently stochastic failure. the failure of each component results in the failure of the system. the components are inspected periodically and their deterioration degrees are monitored. the components can be maintained using different maintenance actions (repair...

conclusions accidents resulting in death, total disability, and partial disability impose a huge cost burden on society, whereas the employer will bear a relatively low cost. this is because of society’s health, treatment, and welfare systems available for treatment and rehabilitation of injured employees and their families. background occupational accidents represent one of the major problems ...

With the evolution of technology, the maintenance of sophisticated systems is of concern for system engineers and system designers. The maintenance cost of the system depends in general on the replacement and repair policies. The system replacement may be in a strictly periodic fashion or on a random basis depending upon the maintenance policy. At failure, the repair of the system may be perfor...

the present study is intended to develop a preventive maintenance (pm) policy for industrial applications, while considering two different objectives: the first objective is to optimize the total maintenance costs, i.e., the preventive maintenance (pm) and emergency maintenance (em) costs per unit time. (cput). the second objective is to design the policy in such a way that the simplicity of it...

Software-engineering academics focussed for many years on the costs of developing the first version of a product, and ignored the costs of subsequent maintenance. We taught our students the 'waterfall model', and biased research towards the sort of tools and ideas that complemented it, such as formal methods. Meanwhile the economics of software had changed. Software is now so complex that the o...

Many regions in the world are protected against flooding by a dike, which may be either natural or artificial. We deal with a model for finding the optimal heights of such a dike in the future. It minimizes the sum of the investments costs for upgrading the dike in the future and the expected costs due to flooding. The model is highly nonlinear, nonconvex, and infinite-dimensional. Despite this...