IDEAS home Printed from https://ideas.repec.org/a/sae/risrel/v225y2011i2p241-250.html
   My bibliography  Save this article

Finite-time maintenance cost analysis of engineering systems affected by stochastic degradation

Author

Listed:
  • M D Pandey
  • T Cheng
  • J A M van der Weide

Abstract

The performance and reliability of engineering systems and structures are usually affected by uncertain degradation that occurs in service as a result of various physical and environmental processes, such as corrosion, erosion, fatigue, and creep. To maintain reliability of degrading systems, periodic inspection and preventive maintenance programmes are adopted. In the literature, the optimization of a maintenance programme is typically based on the minimization of the asymptotic cost rate. However, many engineering systems operate in a relatively short and finite time horizon in which the application of the asymptotic approximation becomes questionable. This paper presents an accurate formulation for computing the expected value and variance of the cost of a condition-based maintenance programme over a defined time horizon. A stochastic gamma process is used to model uncertain degradation. This paper emphasizes that the consideration of variance of the cost is of utmost importance in maintenance optimization, because it helps to identify a more robust (less uncertain) solution in a set of competing optimum solutions based on expected cost.

Suggested Citation

  • 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.
    • Handle: RePEc:sae:risrel:v:225:y:2011:i:2:p:241-250
    DOI: 10.1177/1748007810393826
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/1748007810393826
    Download Restriction: no
    File URL: https://libkey.io/10.1177/1748007810393826?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Nicolai, Robin P. & Dekker, Rommert & van Noortwijk, Jan M., 2007. "A comparison of models for measurable deterioration: An application to coatings on steel structures," Reliability Engineering and System Safety, Elsevier, vol. 92(12), pages 1635-1650.
    2. 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.
    3. Nakagawa, T. & Mizutani, S., 2009. "A summary of maintenance policies for a finite interval," Reliability Engineering and System Safety, Elsevier, vol. 94(1), pages 89-96.
    4. 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.
    5. Toshio Nakagawa, 2005. "Maintenance Theory of Reliability," Springer Series in Reliability Engineering, Springer, number 978-1-84628-221-8, January.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Cheng, Tianjin & Pandey, Mahesh D. & van der Weide, J.A.M., 2012. "The probability distribution of maintenance cost of a system affected by the gamma process of degradation: Finite time solution," Reliability Engineering and System Safety, Elsevier, vol. 108(C), pages 65-76.
    2. N. C. Caballé & I. T. Castro, 2019. "Assessment of the maintenance cost and analysis of availability measures in a finite life cycle for a system subject to competing failures," OR Spectrum: Quantitative Approaches in Management, Springer;Gesellschaft für Operations Research e.V., vol. 41(1), pages 255-290, March.
    3. 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.
    4. Yi Yang & John Dalsgaard Sørensen, 2019. "Cost-Optimal Maintenance Planning for Defects on Wind Turbine Blades," Energies, MDPI, vol. 12(6), pages 1-16, March.
    5. Shafiee, Mahmood & Finkelstein, Maxim, 2015. "An optimal age-based group maintenance policy for multi-unit degrading systems," Reliability Engineering and System Safety, Elsevier, vol. 134(C), pages 230-238.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Cheng, Tianjin & Pandey, Mahesh D. & van der Weide, J.A.M., 2012. "The probability distribution of maintenance cost of a system affected by the gamma process of degradation: Finite time solution," Reliability Engineering and System Safety, Elsevier, vol. 108(C), pages 65-76.
    2. de Jonge, Bram & Teunter, Ruud & Tinga, Tiedo, 2017. "The influence of practical factors on the benefits of condition-based maintenance over time-based maintenance," Reliability Engineering and System Safety, Elsevier, vol. 158(C), pages 21-30.
    3. Kuniewski, Sebastian P. & van der Weide, Johannes A.M. & van Noortwijk, Jan M., 2009. "Sampling inspection for the evaluation of time-dependent reliability of deteriorating systems under imperfect defect detection," Reliability Engineering and System Safety, Elsevier, vol. 94(9), pages 1480-1490.
    4. Cárdenas-Gallo, Iván & Sarmiento, Carlos A. & Morales, Gilberto A. & Bolivar, Manuel A. & Akhavan-Tabatabaei, Raha, 2017. "An ensemble classifier to predict track geometry degradation," Reliability Engineering and System Safety, Elsevier, vol. 161(C), pages 53-60.
    5. Thomas Michael Welte & Iver Bakken Sperstad & Espen Høegh Sørum & Magne Lorentzen Kolstad, 2017. "Integration of Degradation Processes in a Strategic Offshore Wind Farm O&M Simulation Model," Energies, MDPI, vol. 10(7), pages 1-18, July.
    6. Finkelstein, Maxim & Cha, Ji Hwan & Langston, Amy, 2023. "Improving classical optimal age-replacement policies for degrading items," Reliability Engineering and System Safety, Elsevier, vol. 236(C).
    7. Nicolai, R.P. & Frenk, J.B.G. & Dekker, R., 2007. "Modelling and Optimizing Imperfect Maintenance of Coatings on Steel Structures," ERIM Report Series Research in Management ERS-2007-043-LIS, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
    8. Liu, Xingheng & Matias, José & Jäschke, Johannes & Vatn, Jørn, 2022. "Gibbs sampler for noisy Transformed Gamma process: Inference and remaining useful life estimation," Reliability Engineering and System Safety, Elsevier, vol. 217(C).
    9. Wang, Changxi & Elsayed, Elsayed A., 2020. "Stochastic modeling of corrosion growth," Reliability Engineering and System Safety, Elsevier, vol. 204(C).
    10. 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.
    11. Guo, Chiming & Wang, Wenbin & Guo, Bo & Si, Xiaosheng, 2013. "A maintenance optimization model for mission-oriented systems based on Wiener degradation," Reliability Engineering and System Safety, Elsevier, vol. 111(C), pages 183-194.
    12. A Ponchet & M Fouladirad & A Grall, 2011. "Maintenance policy on a finite time span for a gradually deteriorating system with imperfect improvements," Journal of Risk and Reliability, , vol. 225(2), pages 105-116, June.
    13. Esposito, Nicola & Mele, Agostino & Castanier, Bruno & GIORGIO, Massimiliano, 2023. "A hybrid maintenance policy for a deteriorating unit in the presence of three forms of variability," Reliability Engineering and System Safety, Elsevier, vol. 237(C).
    14. de Jonge, Bram & Dijkstra, Arjan S. & Romeijnders, Ward, 2015. "Cost benefits of postponing time-based maintenance under lifetime distribution uncertainty," Reliability Engineering and System Safety, Elsevier, vol. 140(C), pages 15-21.
    15. C Meier-Hirmer & G Riboulet & F Sourget & M Roussignol, 2009. "Maintenance optimization for a system with a gamma deterioration process and intervention delay: Application to track maintenance," Journal of Risk and Reliability, , vol. 223(3), pages 189-198, September.
    16. Hazra, Indranil & Pandey, Mahesh D. & Manzana, Noldainerick, 2020. "Approximate Bayesian computation (ABC) method for estimating parameters of the gamma process using noisy data," Reliability Engineering and System Safety, Elsevier, vol. 198(C).
    17. Guida, M. & Postiglione, F. & Pulcini, G., 2012. "A time-discrete extended gamma process for time-dependent degradation phenomena," Reliability Engineering and System Safety, Elsevier, vol. 105(C), pages 73-79.
    18. Lee, Juseong & Mitici, Mihaela, 2020. "An integrated assessment of safety and efficiency of aircraft maintenance strategies using agent-based modelling and stochastic Petri nets," Reliability Engineering and System Safety, Elsevier, vol. 202(C).
    19. Zheng, Rui & Chen, Bingkun & Gu, Liudong, 2020. "Condition-based maintenance with dynamic thresholds for a system using the proportional hazards model," Reliability Engineering and System Safety, Elsevier, vol. 204(C).
    20. Ponchet, Amélie & Fouladirad, Mitra & Grall, Antoine, 2010. "Assessment of a maintenance model for a multi-deteriorating mode system," Reliability Engineering and System Safety, Elsevier, vol. 95(11), pages 1244-1254.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:risrel:v:225:y:2011:i:2:p:241-250. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.