Optimization models for the economic and non-economic level of repair analysis
Every component, equipment or system will eventually fail. All failures produce a maintenance cost and, repair costs are especially hard to estimate ahead of time. Research shows that maintenance costs are the most substantial costs of development and use of equipment, reason why the cost of the product or equipment through its life is a major concern. Therefore, the main objective of this thesis is to provide a new optimization model to determine the minimum cost maintenance policy for complex systems.
Ituarte-Villarreal, Carlos, "Optimization models for the economic and non-economic level of repair analysis" (2010). ETD Collection for University of Texas, El Paso. AAI1593110.