Application of a semi-Markov model and a simulated annealing algorithm for the selection of an optimal maintenance policy for power equipment Online publication date: Wed, 15-Oct-2008
by M. Stopczyk, B. Sakowicz, G.J. Anders
International Journal of Reliability and Safety (IJRS), Vol. 2, No. 1/2, 2008
Abstract: This paper describes a maintenance policy model based on semi-Markov processes. The optimal policy is found by means of multi-objective optimisation and a modified simulated annealing algorithm. The procedure is illustrated through a practical example that involves finding an optimal maintenance policy for a circuit breaker that is subjected to frequent minimal repairs and occasionally to a major overhaul.
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