id: 06119505
dt: j
an: 06119505
au: Mercier, Sophie; Pham, Hai Ha
ti: A preventive maintenance policy for a continuously monitored system with
    correlated wear indicators.
so: Eur. J. Oper. Res. 222, No. 2, 263-272 (2012).
py: 2012
pu: Elsevier Science B.V.(North-Holland), Amsterdam
la: EN
cc: 
ut: reliability; multivariate Lévy processes; dependent wear indicators; gamma
    processes; optimal replacement; renewal theory
ci: 
li: doi:10.1016/j.ejor.2012.05.011
ab: Summary: A continuously monitored system is considered, that gradually and
    stochastically deteriorates according to a bivariate non-decreasing
    Lévy process. The system is considered as failed as soon as its
    bivariate deterioration level enters a failure zone, assumed to be an
    upper set. A preventive maintenance policy is proposed, which involves
    a delayed replacement, triggered by the reaching of some preventive
    zone for the system deterioration level. The preventive maintenance
    policy is assessed through a cost function on an infinite horizon time.
    The cost function is provided in full form, and tools are provided for
    its numerical computation. The influence of different parameters on the
    cost function is studied, both from a theoretical and/or numerical
    point of view.
rv: