A joint policy for condition-based maintenance and spare provisioning using simulation

Abstract

A condition-based order-replacement policy is presented for a single-unit system, in order to optimize the maintenance and the spare parts inventory jointly. In this policy, equipment degradation is modeled using a continuous gamma process and degradation information may be obtained from continuous state monitoring. A simulation model is developed by… (More)

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Cite this paper

@article{Zhao2012AJP, title={A joint policy for condition-based maintenance and spare provisioning using simulation}, author={Jianmin Zhao and Chang'an Xu}, journal={Proceedings of the IEEE 2012 Prognostics and System Health Management Conference (PHM-2012 Beijing)}, year={2012}, pages={1-7} }