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Influence of the System Downtime Cost Rate on the Performance and Robustness of Periodic Inspection and Replacement and Quantitative Inspection and Replacement Maintenance Strategies Using Monte Carlo Method
Publisher: The American Society of Mechanical Engineers (ASME)
Abstract: This essay analyzes the crucial role of maintenance in production and service-oriented enterprises, highlighting the necessity for integrated viewpoints in contemporary corporate management. Focusing on time-based maintenance ...
A Monte Carlo Method to Decision-Making in Maintenance Strategies
Publisher: The American Society of Mechanical Engineers (ASME)
Abstract: Health prognosis is an advanced approach for anticipating the future status of systems, structures, and components. While it is accepted as an important step in boosting maintenance performance and resilience of a system, ...