Spare parts are held as inventory to support product maintenance in order to reduce
downtime and extend the lifetime of products. Recently, spare parts inventory management …

The classical spare part demand forecasting literature studies methods for forecasting
intermittent demand. However, the majority of these methods do not consider the underlying …

For a complex system consisting of multiple components, it is often unrealistic that one type
of environmental shocks affects all the components at the same time. Correspondingly …

We focus on the inventory management of critical spare parts that are used for service
maintenance. These parts are commonly characterised by a large variety, an intermittent …

Big data features not only large volumes of data but also data with complicated structures.
Complexity imposes unique challenges on big data analytics. Meeker and Hong (2014; …

This paper develops reliability and maintenance models for a single‐unit system subject to
hard failures under random environment of external shocks. Motivated by the observations …

ABSTRACT A new competing risk model is proposed to calculate the Conditional Mean
Residual Life (CMRL) and Conditional Reliability Function (CRF) of a system subject to two …

The use‐oriented product‐service system, such as the bike‐sharing system and the electric
vehicle charging station, has gained wide application in engineering fields. Use‐oriented …

Motivated by the need to support effective asset management of infrastructure systems, this
paper presents a novel reliability model for a load-sharing system where the operator can …

This article proposes an integrated product-service model to ensure the system availability
by concurrently allocating reliability, redundancy, and spare parts for a variable fleet. In the …