Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
612-822-4611

  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Stochastic Renewal Process Model for Condition Based Maintenance

Stochastic Renewal Process Model for Condition Based Maintenance

Ramchandani, Pradeep

Paperback

Probability & Statistics

ISBN10: 3639351401
ISBN13: 9783639351408
Publisher: Vdm Verlag
Published: Apr 27 2011
Pages: 84
Weight: 0.30
Height: 0.20 Width: 6.00 Depth: 9.00
Language: English
This work deals with the reliability and maintenance of structures that are damaged by shocks arriving randomly in time. The degradation is modeled as a cumulative stochastic point process. Previous studies mostly adopted expected cost rate criterion for optimizing the maintenance policies, which ignores practical implications of discounting of maintenance cost over the life cycle of the system. Therefore, detailed analysis of expected discounted cost criterion has been done, which provides a more realistic basis for optimizing the maintenance. Examples of maintenance policies combining preventive maintenance with age-based replacement are analyzed. Derivation for general cases involving preventive maintenance damage level have been discussed. Specific cases are also considered.

Also in

Probability & Statistics

View All