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    Please use this identifier to cite or link to this item: https://tkuir.lib.tku.edu.tw/dspace/handle/987654321/77248

    Title: Optimal threshold values of age and two-phase maintenance policy for leased equipments using age reduction method
    Authors: Yeh, Ruey-huei;Chang, Wen-liang;Lo, Hui-chiung
    Contributors: 淡江大學企業管理學系
    Keywords: Preventive maintenance;Minimal repair;Threshold value;Lease contract
    Date: 2010-12
    Issue Date: 2012-06-14 09:20:18 (UTC+8)
    Publisher: New York: Springer New York LLC
    Abstract: This paper investigates the optimal threshold values of age to perform preventive maintenance (PM) actions for leased equipment within the lease period. In this paper, we use age reduction method to describe the degree of PM and construct the maintenance cost function. For repairable leased equipment, two maintenance models are proposed: (i) maintenance policy of single-phase and (ii) maintenance policy of two-phase. During the lease period, PM actions are carried out when the age of equipment reaches a certain threshold value. Any failure of the leased equipment is rectified by a minimal repair within the lease period. Under these maintenance schemes, the mathematical models of the expected total cost for maintenance policies of single-phase and two-phase are established, and the optimal maintenance policies are derived such that the expected total cost is minimized. Finally, the features of the optimal maintenance policy are illustrated through numerical examples.
    Relation: Annals of Operations Research 181(1), pp.171-183
    DOI: 10.1007/s10479-010-0713-2
    Appears in Collections:[Graduate Institute & Department of Business Administration] Journal Article

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