Optimal maintenance model for a multistate deteriorating system: a geometric process approach |
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Authors: | Yeh Lam Yee Kit Tse |
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Affiliation: | 1. Northeastern University at Qinhuangdao , Qinhuangdao 066004, P.R. China;2. Department of Statistics and Actuarial Science , The University of Hong Kong , Hong Kong, P.R. China ylam@hkustasc.hku.hk;4. Centre for Clinical Trials and Epidemiological Research , The Chinese University of Hong Kong , Hong Kong, P.R. China |
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Abstract: | A monotone process model is introduced for a deteriorating system with k+1 states (k working states and one failure state). We prove that the model is equivalent to a geometric process model for a two-state system, in the sense that both systems have the same long-run average cost per unit time and the same optimal maintenance policy. Finally, an optimal maintenance policy for the deteriorating system is determined analytically. |
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Keywords: | Robot control Real-time control implementation Constraints Uncertainty Robotic surface finishing Experiments |
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