Ebook: Maintenance, Replacement, and Reliability: Theory and Applications, Second Edition

Front Cover -- Contents -- Preface for the First Edition -- Preface for the Second Edition -- Acknowledgments for the First Edition -- Acknowledgments for the Second Edition -- Authors -- Abstract -- Chapter 1: Introduction -- Chapter 2: Component Replacement Decisions -- Chapter 3: Inspection Decisions -- Chapter 4: Capital Equipment Replacement Decisions -- Chapter 5: Maintenance Resource Requirements -- Appendix 1: Statistics Primer -- Appendix 2: Weibull Analysis -- Appendix 3: Maximum Likelihood Estimator -- Appendix 4: Markov Chains -- Appendix 5: Knowledge Elicitation -- Appendix 6: Time Value of Money-Discounted Cash Flow Analysis -- Appendix 7: List of Applications of Maintenance Decision Optimization Models -- Appendix 8: Ordinates of the Standard Normal Distribution -- Appendix 9: Areas in the Tail of the Standard Normal Distribution -- Appendix 10: Values of Gamma Function -- Appendix 11: Median Ranks Table -- Appendix 12: Five Percent Ranks Table -- Appendix 13: Ninety-Five Percent Ranks Table -- Appendix 14: Critical Values for the Kolmogorov-Smirnov Statistic (d) -- Appendix 15: Answers to Problems -- Back Cover.;IntroductionFrom Maintenance Management to Physical Asset ManagementChallenges of PAMImproving PAMPAS 55-A Framework for Optimized Management of Physical AssetsReliability through the Operator: TPM Reliability by Design: RCMOptimizing Maintenance and Replacement DecisionsThe Quantitative ApproachData Requirements for ModelingReferencesComponent Replacement DecisionsIntroductionOptimal Replacement Times for Equipment Whose Operating Cost Increases with UseStochastic Preventive Replacement: Some Introductory CommentsOptimal Preventive Replacement Interval of Items Subject to Breakdown (Also Known as the Group or Block Policy) Optimal Preventive Replacement Age of an Item Subject to BreakdownOptimal Preventive Replacement Age of an Item Subject to Breakdown, Taking Account of the Times Required to Carry Out Failure and Preventive ReplacementsOptimal Preventive Replacement Interval or Age of an Item Subject to Breakdown: Minimization of DowntimeGroup Replacement: Optimal Interval between Group Replacements of Items Subject to Failure: the Lamp Replacement ProblemFurther Replacement ModelsCase Study on Project Prioritization, Trend Tests, Weibull Analysis, and Optimizing Component Replacement IntervalsSpare Parts Provisioning: Preventive Replacement SparesSpare Parts Provisioning: Insurance SparesSolving the Constant-Interval and Age-Based Models Graphically: Use of Glasser's GraphsSolving the Constant-Interval and Age-Based Models Using OREST SoftwareReferencesInspection DecisionsIntroductionOptimal Inspection Frequency: Maximization of ProfitOptimal Inspection Frequency: Minimization of DowntimeOptimal Inspection Interval to Maximize the Availability of Equipment Used in Emergency Conditions, Such as a Protective DeviceOptimizing CBM DecisionsReferencesCapital Equipment Replacement DecisionsIntroductionOptimal Replacement Interval for Capital.;Equipment: Minimization of Total CostOptimal Replacement Interval for Capital Equipment: Maximization of Discounted BenefitsOptimal Replacement Interval for Capital Equipment Whose Planned Utilization Pattern Is Variable: Minimization of Total CostOptimal Replacement Policy for Capital Equipment Taking into Account Technological Improvement: Finite Planning HorizonOptimal Replacement Policy for Capital Equipment Taking into Account Technological Improvement: Infinite Planning HorizonSoftware for Economic Life OptimizationReferencesMaintenance Resource RequirementsIntroductionQueuing Theory PreliminariesOptimal Number of Workshop Machines to Meet a Fluctuating WorkloadOptimal Mix of Two Classes of Similar Equipment (such as Medium/Large Lathes) to Meet a Fluctuating WorkloadRightsizing a Fleet of Equipment: An ApplicationOptimal Size of a Maintenance Workforce to Meet a Fluctuating Workload, Taking Account of Subcontracting OpportunitiesThe Lease or Buy DecisionReferencesAppendices: Statistics PrimerWeibull AnalysisMaximum Likelihood EstimatorMarkov ChainsKnowledge ElicitationTime Value of Money: Discounted Cash Flow AnalysisList of Applications of Maintenance Decision Optimization ModelsOrdinates of the Standard Normal DistributionAreas in the Tail of the Standard Normal DistributionValues of Gamma FunctionMedian Ranks TableFive Percent Ranks TableNinety-Five Percent Ranks TableCritical Values for the Kolmogorov-Smirnov Statistic (d) Answers to ProblemsIndex.