Abstract
The competition and regulatory environment imposes the need for effective use of resources. Using stochastic dynamic programming the optimal maintenance strategy was obtained, see [1]. The approach was illustrated using data from the water industry. Obviously the optimal strategy will be affected by the costs and the effect of maintenance. In a previous paper the impact of costs were considered, [2]. In this paper the effect of maintenance is explored. It is found that ageing has an important effect on the optimal maintenance strategy
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© 2004 Springer-Verlag London
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Al-Doori, M., Ansell, J., Archibald, T., Thomas, L. (2004). Importance of assessing effectiveness of repair in obtaining an optimal maintenance strategy for repairable assets. In: Spitzer, C., Schmocker, U., Dang, V.N. (eds) Probabilistic Safety Assessment and Management. Springer, London. https://doi.org/10.1007/978-0-85729-410-4_452
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DOI: https://doi.org/10.1007/978-0-85729-410-4_452
Publisher Name: Springer, London
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