Cost analysis and extension of a simple maintenance‐scheduling heuristic
Document Type
Article
Publication Date
1-1-1994
Abstract
Practitioners of maintenance scheduling sometimes use a simple analytic formula, derived based on inspection scheduling, as a heuristic to determine the length of the preventive maintenance period. The sensitivity of this heuristic solution is analyzed and the cost penalties are calculated compared to the exact solution that utilizes the lifetime distribution in the derivation of the optimal preventive maintenance period. A simple extension of the heuristic is suggested to improve the approximation with a slightly increased computational effort. The sensitivity and cost analysis of the improved heuristic are discussed as well. © 1994 John Wiley & Sons, Inc. Copyright © 1994 Wiley Periodicals, Inc., A Wiley Company
Publication Source (Journal or Book title)
Naval Research Logistics Nrl
First Page
945
Last Page
958
Recommended Citation
Kelle, P., Silver, E., & Murphy, G. (1994). Cost analysis and extension of a simple maintenance‐scheduling heuristic. Naval Research Logistics Nrl, 41 (7), 945-958. https://doi.org/10.1002/1520-6750(199412)41:7<945::AID-NAV3220410707>3.0.CO;2-U