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An analysis of maintenance schedules for public facilities

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  • Arnt O. Hopland
  • Sturla F. Kvamsdal
  • Leif K. Sandal

Abstract

We present a flexible, formal framework for maintenance scheduling for public facilities. Key features of the model include an accelerating deterioration scheme, a general utility measure, and real estate market effects in the salvage function. The model is rich enough to capture a range of stylistic scenarios pertaining to public facilities while remaining simple enough to allow formal analysis of the optimal maintenance schedule. Based on our analysis, we draw a phase diagram that classifies the generic behavior of the optimal solution. We illustrate our analysis in numerical examples that highlight essential trade-offs and the time dependence of the facility maintenance problem. Under simplifying assumptions, we also derive the basics of an exact solution.

Suggested Citation

  • Arnt O. Hopland & Sturla F. Kvamsdal & Leif K. Sandal, 2019. "An analysis of maintenance schedules for public facilities," Operations Research and Decisions, Wroclaw University of Science and Technology, Faculty of Management, vol. 29(1), pages 17-35.
    • Handle: RePEc:wut:journl:v:1:y:2019:p:17-35:id:1409
    DOI: 10.37190/ord190102
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    References listed on IDEAS

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    1. Jakob Haan & Jan Sturm & Bernd Sikken, 1996. "Government capital formation: Explaining the decline," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 132(1), pages 55-74, March.
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    4. Lars-Erik Borge & Arnt O. Hopland, 2017. "Schools and public buildings in decay: the role of political fragmentation," Economics of Governance, Springer, vol. 18(1), pages 85-105, February.
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