IRMA-International.org: Creator of Knowledge
Information Resources Management Association
Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

Bi-Criteria Optimization for Finding the Optimal Replacement Interval for Maintaining the Performance of the Process Industries

Bi-Criteria Optimization for Finding the Optimal Replacement Interval for Maintaining the Performance of the Process Industries
View Sample PDF
Author(s): Harish Garg (Thapar University, India)
Copyright: 2016
Pages: 33
Source title: Handbook of Research on Modern Optimization Algorithms and Applications in Engineering and Economics
Source Author(s)/Editor(s): Pandian Vasant (University of Technology Petronas, Malaysia), Gerhard-Wilhelm Weber (Middle East Technical University, Turkey)and Vo Ngoc Dieu (Ho Chi Minh City University of Technology, Vietnam)
DOI: 10.4018/978-1-4666-9644-0.ch025

Purchase


Abstract

The optimization of the maintenance decision making can be defined as an attempt to resolve the conflicts of decision situation in such a way that variable under the control of the decision maker take their best possible value. One of the most important controllable parameters is the time interval between maintenance. Most of the researchers have kept the fact that whenever the suitable maintenance interval is reached, the system is replaced with the original one. However the improvement of a system life not only depends on the replacement of deteriorated components, but also on the effectiveness of the maintenance. Taking care about this fact, the effects of maintenance of a multi-component system by combining the three main different PM actions, namely (1a), (1b) and (2p)-maintenance actions. Thus, the main purpose of an effective maintenance program is to present a technique for finding the optimal maintenance interval for the system by considering the multiple goals of the organization viz. maximum availability, minimum maintenance cost.

Related Content

Pawan Kumar, Mukul Bhatnagar, Sanjay Taneja. © 2024. 26 pages.
Kapil Kumar Aggarwal, Atul Sharma, Rumit Kaur, Girish Lakhera. © 2024. 19 pages.
Mohammad Kashif, Puneet Kumar, Sachin Ghai, Satish Kumar. © 2024. 15 pages.
Manjit Kour. © 2024. 13 pages.
Sanjay Taneja, Reepu. © 2024. 19 pages.
Jaspreet Kaur, Ercan Ozen. © 2024. 28 pages.
Hayet Kaddachi, Naceur Benzina. © 2024. 25 pages.
Body Bottom