This paper proposes a Simulation–Optimization framework, where a maintenance system of
high-value assets is modelled via a novel large-scale Discrete Event Simulation model. In …

Selective maintenance is an important condition-based maintenance strategy for multi-
component systems, where optimal maintenance actions are identified to maximize the …

We study an inspection and replacement policy for a system when maintenance actions are
executed at times or “visits” with a fixed, periodic schedule. Then, the novel focus of the …

In this paper, we consider a component exhibiting a continuous monotone degradation
modeled as a Gamma process. The maintenance policy is of condition‐based type with …

The motivation of this paper follows strictly from industrial needs to improve competitiveness
in railway companies by the efficient rolling stock utilization affected by the obligatory …

Preventive and corrective maintenance-workforce planning for assets is a growing area of
research, given the presence of uncertainty. We model a Simulation-Optimization framework …

As railway is considered one of the most significant transports, sudden malfunction of train
components or delayed maintenance may considerably disrupt societal activities. To prevent …

Today's railroad passenger wagons experience a large frequency of failures due to a large
number of usage hours, and consequently planning maintenance is complex and …

The paper presents a description of methods of changing the maintenance strategy
concerning measures of intervals between maintenance levels based on the example of a …

Financial auditing is an important part of government control, and monitoring the risks of the
financial system helps maintain the stability of a country's financial system. This paper aims …