To this day, continuous developments of technical systems and increasing reliance on
equipment have resulted in a growing importance of effective maintenance activities. During …

Efficient (condition-based) maintenance planning and inventory control of spares for critical
components jointly determine the effectiveness of a maintenance strategy and, thereby …

The most appropriate next step in depression treatment after the initial treatment fails is
unclear. This study explores the suitability of the Markov decision process for optimizing …

In a multi-component system, the assumption of failure independence among components is
seldom valid, especially for those complex systems with complicated failure mechanism. For …

In this paper we address the problem of allocating the efforts of a collection of repairmen to a
number of deteriorating machines in order to reduce operation costs and to mitigate the cost …

The general aim of this study is to provide a guide to the future marketing decisions of a firm,
using a model to predict customer lifetime values. The proposed framework aims to …

Existing studies on maintenance optimization generally assume that machines are either
used continuously, or that times until failure do not depend on the actual usage. In practice …

A novel optimal preventive maintenance policy for a cold standby system consisting of two
components and a repairman is described herein. The repairman is to be responsible for …

In increasingly complex production environments, tremendous efforts are being made to
optimize the efficiency of a production system. An important efficiency factor is industrial …

A dynamic decision model that coordinates dispatching and preventive maintenance
decisions for failure-prone parallel machines in make-to-order (MTO) production …