Article ID Journal Published Year Pages File Type
806407 Reliability Engineering & System Safety 2011 10 Pages PDF
Abstract

This paper presents an integrated model for the joint determination of both optimal inspection strategy and optimal repair policy for a manufacturing system whose resulting output is subject to system state. An appropriate maintenance strategy is essential to optimize revenue from a manufacturing system which is in continuous operation and subject to deterioration. The optimum policy balances the amount of maintenance required to increase availability against the loss of revenue arising from the down time: insufficient maintenance leads to an increase in the number of defective items, low profit and low maintenance cost; excessive maintenance results in a reduction in the proportion of defective items, high profit and high maintenance cost. In this paper, an intensity control model adapted to partial information provides an optimal inspection intensity and repair degree of the system as an optimal control process to yield maximum revenue. The solution is obtained through formulating an equivalent deterministic Hamilton–Jacobi equation. A numerical example is provided to illustrate the behavior of the optimal control process. The optimal control process determines a solution to both optimum inspection frequency and optimal replacement policy which results in an optimal production run length of the system.

► We develop an optimum asset management strategy based on the revenue generated by the asset. ► The optimum strategy controls the intensity, rate of occurrence, of interruptions to service. ► The decisions are based on partial observation of the system and do not need perfect information. There is no need for continuous monitoring of the system.

Related Topics
Physical Sciences and Engineering Engineering Mechanical Engineering
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