On a general periodic preventive maintenance policy incorporating warranty contracts and system ageing losses

Abstract

In this paper, a general periodic preventive maintenance (PM) policy for a repairable revenuegenerating system is developed and studied. We define ‘ageing losses’ as the difference in revenues generated by an ideal system (no ageing) and a real system that ages over the same period of consideration. It is assumed that preventive maintenance slows the system… (More)

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Cite this paper

@inproceedings{Wu2015OnAG, title={On a general periodic preventive maintenance policy incorporating warranty contracts and system ageing losses}, author={Jun Wu and Min Xie and Tsan Sheng and Adam S . Ng}, year={2015} }