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Maintenance Requirements Analysis and Whole-Life Costing

In: Multicriteria and Optimization Models for Risk, Reliability, and Maintenance Decision Analysis

Author

Listed:
  • Richard Dwight

    (University of Wollongong)

  • Peter Gordon

Abstract

In this chapter, we set out to describe the fundamental requirements, objectives and process for an effective and efficient maintenance program or policy. This is achieved though reference to and analysis of the literature as well as the results of our own research. We explore the difficulties and complexities in determining such a policy in practice arriving at recommendations on practical approaches to its development. This provides context for what might be termed mathematical approaches to determining such aspects of these policies as the frequency of a proposed action and the resulting cost and reliability to be expected if they are applied to the item under study. Challenges in applying such analytical tools include the nature of available data and the complexity of the overall decision process directed at whole of life, multifactorial, whole system outcomes.

Suggested Citation

  • Richard Dwight & Peter Gordon, 2022. "Maintenance Requirements Analysis and Whole-Life Costing," International Series in Operations Research & Management Science, in: Adiel Teixeira de Almeida & Love Ekenberg & Philip Scarf & Enrico Zio & Ming J. Zuo (ed.), Multicriteria and Optimization Models for Risk, Reliability, and Maintenance Decision Analysis, pages 347-360, Springer.
    • Handle: RePEc:spr:isochp:978-3-030-89647-8_16
    DOI: 10.1007/978-3-030-89647-8_16
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