Optimal replacement policy for a series system with obsolescence
โ Scribed by Sophie Mercier; Pierre-Etienne Labeau
- Publisher
- John Wiley and Sons
- Year
- 2004
- Tongue
- English
- Weight
- 225 KB
- Volume
- 20
- Category
- Article
- ISSN
- 1524-1904
- DOI
- 10.1002/asmb.516
No coin nor oath required. For personal study only.
โฆ Synopsis
Abstract
Most maintenance policies assume that failed or used components are replaced with identical units. Actually, such a hypothesis neglects the possible obsolescence of the components. When a new, more reliable and less consuming technology becomes available, a decision has to be made as for the replacement strategy to be used: oldโtype components can all be immediately replaced, or newโtype units can be introduced progressively, each time a corrective action is undertaken. Partly corrective, partly preventive policies can also be envisioned.
This work tackles this issue in the case of a series system made of n identical and independent components with a constant failure rate. It provides, under given modelling assumptions, the fully analytical expression of the mean total cost induced by each possible strategy, as well as the optimal replacement policy, as a function of the problem parameters. This is performed by accounting for different costs for preventive or corrective replacements, with some economical dependence between replacements, different energy consumption rates for oldโtype and newโtype components as well as a discount rate. Copyright ยฉ 2004 John Wiley & Sons, Ltd.
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