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2020 | OriginalPaper | Chapter

Optimizing Imperfect Preventive Maintenance Policy for a Multi-unit System with Different Virtual Ages

Authors : Maryam Hamidi, Reza Maihami, Behnam Rahimikelarijani

Published in: Games and Dynamics in Economics

Publisher: Springer Singapore

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Abstract

A special game against nature is examined in this paper, in which nature controls timings of repairable and non-repairable failures of a system of equipment, and preventive maintenance, repairs and preventive replacement policies are the countermeasures. We optimize the imperfect preventive maintenance policy for a multi-unit system with different initial virtual age units. We develop a binary integer programming problem, where the management decides on the optimal preventive maintenance policy to minimize the total expected maintenance cost not to exceed a given budget. The mathematical formulation is developed for a multi-unit system, considering different preventive maintenance levels for each unit. Numerical examples with sensitivity analysis are performed to illustrate the performance and efficiency of the proposed model. Also, the model is examined for a real case study from railway industry. The results determine the optimal preventive maintenance policy and provide managerial insights based on computational analysis.

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Title: Optimizing Imperfect Preventive Maintenance Policy for a Multi-unit System with Different Virtual Ages
Authors: Maryam Hamidi
Reza Maihami
Behnam Rahimikelarijani
Publisher: Springer Singapore
Book: Games and Dynamics in Economics
Print ISBN: 978-981-15-3622-9

Electronic ISBN: 978-981-15-3623-6

Copyright Year: 2020
DOI: https://doi.org/10.1007/978-981-15-3623-6_13