For leased equipment, the lessor carries out the maintenance of the equipment. Usually, the contract of lease specifies the penalty for equipment failures and for repairs not being carried out within specified time limits. This implies that optimal preventive maintenance policies must take these...

Abstract: Purpose – The aim of this research is to determine the optimal upgrade and preventive maintenance actions that minimize the total expected cost (maintenance costs+penalty costs). Design/methodology/approach – The problem is a four-parameter optimization with two parameters being...

Purpose ? To present a new Split System Model (SSM) that predicts the reliability of complex systems with multiple Preventive Maintenance (PM) actions in the long term. Design/methodology/approach - The SSM was developed using probability theory based on the concept of separating repaired and...

With ever increasing traffic loadings, highway pavement maintenance needs continue to outpace the availability of resources, and transportation agencies seek cost-effective maintenance practices. This study investigated the effectiveness of maintenance treatments in the short-term and the cost...