Reducing preventive maintenance cost error caused by uncertainty
Journal of Quality in Maintenance Engineering
ISSN: 1355-2511
Article publication date: 1 September 1996
Abstract
Maintenance managers must often make preventive maintenance (PM) decisions based on limited historical failure data. These small data sets introduce significant uncertainties which can lead to selecting suboptimal (more costly) PM intervals. Examines the performance of two commonly used estimation techniques (MLE and rank regression), and develops a third hybrid technique which improves the PM interval accuracy for small data sets. In addition, characterizes the risks involved in making PM decisions based on small data sets for all three methods, to provide useful guidelines for the practising maintenance engineer.
Keywords
Citation
Cavalier, M.P. and Knapp, G.M. (1996), "Reducing preventive maintenance cost error caused by uncertainty", Journal of Quality in Maintenance Engineering, Vol. 2 No. 3, pp. 21-36. https://doi.org/10.1108/13552519610130422
Publisher
:MCB UP Ltd
Copyright © 1996, MCB UP Limited