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| Author: | Silver, E. Fiechter, C. |
| Title: | Preventive maintenance with limited historical data |
| Journal: | European Journal of Operational Research
1995 : APR, VOL. 82:1, p. 125-144 |
| Index terms: | OPERATIONAL RESEARCH MAINTENANCE HEURISTIC METHODS |
| Language: | eng |
| Abstract: | The authors consider a piece of equipment that is subject to breakdown. If breakdowns are very costly, it may be attractive to undertake preventive maintenance on a regular basis. The authors model the time until breakdown as a discrete random variable whose probability distribution is not exactly known. An optimal Bayesian strategy for selecting the preventive maintenance interval (T) is developed. Two simple heuristic methods are presented. |
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