Condition-based maintenance has been proven effective in reducing unexpected failures with minimum operational costs. This study considers an optimal condition-based replacement policy with optimal inspection interval when the degradation conforms to an inverse Gaussian process with random...

Statistical process control and maintenance planning have long been treated as two separate problems. The interdependence between these two activities has not been adequately addressed in the literature, despite their apparent connections. Information obtained in the course of statistical...

For a repairable k-out-of-n:G system consisting of line-replaceable units, its operational availability depends on component reliability, its redundancy level, and spare parts availability. As a result, it is important to consider redundancy allocation and spare parts provisioning simultaneously...

Performance based contracting (PBC) emerges as a new after-sales service practice to support the operation and maintenance of capital equipment or systems. Under the PBC framework, the goal of the study is to increase the system operational availability while minimizing the logistics footprint...