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Optimal condition-based maintenance decisions for systems with dependent stochastic degradation of components

Author

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  • Hong, H.P.
  • Zhou, W.
  • Zhang, S.
  • Ye, W.

Abstract

Components in engineered systems are subjected to stochastic deterioration due to the operating environmental conditions, and the uncertainty in material properties. The components need to be inspected and possibly replaced based on preventive or failure replacement criteria to provide the intended and safe operation of the system. In the present study, we investigate the influence of dependent stochastic degradation of multiple components on the optimal maintenance decisions. We use copula to model the dependent stochastic degradation of components, and formulate the optimal decision problem based on the minimum expected cost rule and the stochastic dominance rules. The latter is used to cope with decision maker's risk attitude. We illustrate the developed probabilistic analysis approach and the influence of the dependency of the stochastic degradation on the preferred decisions through numerical examples.

Suggested Citation

  • Hong, H.P. & Zhou, W. & Zhang, S. & Ye, W., 2014. "Optimal condition-based maintenance decisions for systems with dependent stochastic degradation of components," Reliability Engineering and System Safety, Elsevier, vol. 121(C), pages 276-288.
    • Handle: RePEc:eee:reensy:v:121:y:2014:i:c:p:276-288
    DOI: 10.1016/j.ress.2013.09.004
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    References listed on IDEAS

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    1. M D Pandey & T Cheng & J A M van der Weide, 2011. "Finite-time maintenance cost analysis of engineering systems affected by stochastic degradation," Journal of Risk and Reliability, , vol. 225(2), pages 241-250, June.
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    4. Kallen, M.J. & van Noortwijk, J.M., 2005. "Optimal maintenance decisions under imperfect inspection," Reliability Engineering and System Safety, Elsevier, vol. 90(2), pages 177-185.
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    6. van Noortwijk, J.M., 2009. "A survey of the application of gamma processes in maintenance," Reliability Engineering and System Safety, Elsevier, vol. 94(1), pages 2-21.
    Full references (including those not matched with items on IDEAS)

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