An optimal condition-based maintenance policy for a degrading system subject to the competing risks of soft and hard failure.
Diyin TangJinsong YuXiongzi ChenViliam MakisPublished in: Comput. Ind. Eng. (2015)
Keyphrases
- replacement policy
- optimal design
- asymptotically optimal
- state dependent
- optimal policy
- optimal strategy
- optimal solution
- dynamic programming
- sufficient conditions
- risk management
- expected cost
- markov decision
- neural network
- allocation policy
- scheduling policies
- risk analysis
- risk assessment
- software maintenance
- failure rate
- root cause
- inventory policy
- access control
- decision making