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Modelling and Analysis of Degradation and Maintenance

  • D. N. P. Murthy
  • Nat Jack
Chapter
Part of the Springer Series in Reliability Engineering book series (RELIABILITY)

Abstract

Models play an important role in solving decision problems. They are used to (i) analyse the effect of changes to decision variables on system performance (for example, the effect of different PM actions on system failures) and (ii) decide on the optimal values of decision variables to achieve some specified objectives (for example, optimum PM to minimise total maintenance costs).

Keywords

Hazard Function Intensity Function Maintenance Action Repair Time Maintenance Policy 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer-Verlag London 2014

Authors and Affiliations

  1. 1.School of Mechanical and Mining EngineeringUniversity of QueenslandBrisbaneAustralia
  2. 2.Dundee Business SchoolUniversity of Abertay DundeeDundeeUK

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