Abstract
A cost-optimal nonperiodic inspection policy is derived for complex
multicomponent systems. The model takes into consideration the degradation
of all the components in the system with the use of a Bessel process with drift.
The inspection times are determined by a deterministic function and depend on
the system’s performance measure. The nonperiodic policy is developed by evaluating
the expected lifetime costs and the optimal policy by an optimal choice
of inspection function. The model thus gives a guaranteed level of reliability
throughout the life of the project.
| Original language | English |
|---|---|
| Title of host publication | Statistical models and methods for biomedical and technical systems |
| Editors | F. Vonta, M Nikulin, N. Limnios, C. Huber-Carol |
| Place of Publication | Boston |
| Publisher | Birkhäuser Verlag |
| Pages | 109-125 |
| Number of pages | 17 |
| ISBN (Print) | 978-0-8176-4464-2 |
| Publication status | Published - 2008 |