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Full-Text Articles in Operations Research, Systems Engineering and Industrial Engineering
Radical Impact Of Change In Actions And Confidence Index On Reverse Decision Making An Application Based Study, Swatee Trimbak Paithankar
Radical Impact Of Change In Actions And Confidence Index On Reverse Decision Making An Application Based Study, Swatee Trimbak Paithankar
Engineering Management & Systems Engineering Theses & Dissertations
While making decisions under uncertainty, people are often unaware of the logical approach to form the decision process. It is assumed that collecting details, analyzing and evaluating data is enough to make 'proper' decisions. However, past research in the decision making arena has significantly validated that there exists a class of decision problems which is complex, ill-structured and not defined to the level where decision makers can draw logical conclusions based on existing traditional decision approaches. RDM (reverse decision making), one of the novel approaches of decision making under conditions of uncertainty, has shown potential towards addressing some of these …
The Optimization Of The Threshold For The Preventive Maintenance Actions In A Condition-Based Maintenance Program Via Dynamic Programming Approach, Mehdi Jafarian, Majid Beikverdi, Kamran Shahanaghi, Zeinab Nezhadbiglari
The Optimization Of The Threshold For The Preventive Maintenance Actions In A Condition-Based Maintenance Program Via Dynamic Programming Approach, Mehdi Jafarian, Majid Beikverdi, Kamran Shahanaghi, Zeinab Nezhadbiglari
Mehdi Jafarian
The last step of a condition based maintenance (CBM) program is maintenance decision-making. This step is the most important and the most critical stage of maintenance for executive personnel and management whom work on taking maintenance actions. This decision making would be done according to certain criteria such as risk, cost, reliability and availability. This paper considered a dynamic programming model to optimization of the threshold for the preventive maintenance actions in a condition-based maintenance program. The basis of this modeling is the average cost of maintenance actions, failures and exchanges. In this paper, we improved the memory of the …