Bedford, Tim and Dewan, Isha and Meilijson, Isaac and Zitrou, Athena (2011) The signal model : a model for competing risks of opportunistic maintenance. European Journal of Operational Research, 214 (3). pp. 665-673. ISSN 0377-2217Full text not available in this repository. (Request a copy from the Strathclyde author)
This paper presents a competing risks reliability model for a system that releases signals each time its condition deteriorates. The released signals are used to inform opportunistic maintenance. The model provides a framework for the determination of the underlying system lifetime from right-censored data, without requiring explicit assumptions about the type of censoring to be made. The parameters of the model are estimated from observational data by using maximum likelihood estimation. We illustrate the estimation process through a simulation study. The proposed signal model can be used to support decision-making in optimising preventive maintenance: at a component level, estimates of the underlying failure distribution can be used to identify the critical signal that would trigger maintenance of the individual component; at a multi-component system level, accurate estimates of the component underlying lifetimes are important when making general maintenance decisions. The benefit of good estimation from censored data, when adequate knowledge about the dependence structure is not available, may justify the additional data collection cost in cases where full signal data is not available.
|Keywords:||reliability, maintenance, competing risks, statistical inference, Management. Industrial Management, Modelling and Simulation, Management Science and Operations Research, Information Systems and Management|
|Subjects:||Social Sciences > Industries. Land use. Labor > Management. Industrial Management|
|Department:||Strathclyde Business School > Management Science|
|Depositing user:||Pure Administrator|
|Date Deposited:||22 Sep 2011 08:57|
|Last modified:||24 Mar 2017 06:21|