Maintenance, Replacement and Reliability - Theory and Apllications
A completely revised and updated edition of a bestseller: 'Maintenance, Replacement, and Reliability - Theory and Applications'. The Second Edition supplies the tools needed for making data-driven physical asset management decisions.
Maintenance, Replacement and Reliability - Theory and Apllications
Summary
A completely revised and updated edition of a bestseller: 'Maintenance, Replacement, and Reliability - Theory and Applications'. The second edition supplies the tools needed for making data-driven physical asset management decisions. The well-received first edition quickly became a mainstay for professors, students, and professionals, with its clear presentation of concepts immediately applicable to real-life situations. However, research is ongoing and relentless—in only a few short years, much has changed.
Content
Chapter 1: Introduction
Chapter 2: Component Replacement Decisions
- Optimal Replacement Times for Equipment Wose Operating Cost Increases with Use
- Optimal Preventive Replacement Interval of Items Subject to Breakdown (aka the Group or Block Policy)
- Optimal Preventive Replacement Age of an Item Subject to Breakdown
- Optimal Preventive Replacement Age of an Item Subject to Breakdown, Taking Account of Times Required to Carry Out Failure and Preventive Replacements
- Optimal Preventive Replacement Interval or Age of an Item Subject to Breakdown: Minimization of Downtime
- Group Replacement: Optimal Interval between Group Replacements of Items Subject to Failure - The Lamp Replacement Problem
- Spare Parts Provisioning: Preventive Replacement Spares
Chapter 3: Inspection Decisions
- Optimal Inspection Frequency: Maximization of Profit
- Optimal Inspection Frequency: Minimization of Downtime
- Optimizing CBM Decisions
Chapter 4: Capital Equipment Replacement Decisions
- Optimal Preventive Replacement Interval for Capital Equipment: Minimization of Total Cost
- Optimal Preventive Replacement Interval for Capital Equipment: Maximization of Discounted Benefits
- Optimal Preventive Replacement Interval for Capital Equipment Whose Planned Utilization Pattern is Variable: Minimization of Total Cost
Chapter 5: Maintenance Resource Requirements
- Optimal Number of Workshop Machines to meet a Fluctuating Workload
- Rightsizing a Fleet of Equipment: An Application
- Optimal Size of a Maintenance Workforce to Meet a Fluctuating Workload, Taking Account of Subcontracting Opportunities
- The Lease or Buy Decision
This book teaches you how to use Weibull in solving these problems.
What’s New in the Second Edition
Additional Topics
- The role of maintenance in sustainability issues PAS 55, a framework for optimizing management assets
- Data management issues, including cases where data are unavailable or sparse
- How candidates for component replacement can be prioritized using the Jack-knife diagram
Additional Appendices
- Maximum Likelihood Estimated (MLE)
- Markov chains and knowledge elicitation procedures based on a Bayesian approach to parameter estimation
- E-learning materials now supplement two previous appendices (Statistics Primer and Weibull Analysis)
- Updated the appendix List of Applications of Maintenance Decision Optimization Models
E-LEARNING MATERIALS
- Defining Reliability
- Types of Functional Failures
- Laws of probability
- Statistics Primer
- Bathtub Model
- Exponential Model
- Mean Time to Failure
- Weibull Distribution
- Inter-arrival Times of Complex Repairable Systems
- Exercises
- Glossary
- References
Software for many of the tools presented in the book are available as a zipfile. Some are educational versions of commercially available software developed by Professor Jardine. This downloadable software suite includes e-learning materials developed by Professor Tsang. This content will be e-mailed to you when you order the book.