Modeling risk of a multi-state repairable component

This thesis focuses on the use of computer simulation for modeling risk of a multi-state repairable component. In production processes, maintenance decisions are often made based on uncertain assessment of risk, not only in the probability when a process component goes into a state of failure but...

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Bibliographic Details
Main Author: Gallardo Bobadilla, Roberto
Other Authors: Lipsett, Michael (Mechanical Engineering)
Format: Others
Language:en
Published: 2009
Subjects:
Online Access:http://hdl.handle.net/10048/726
Description
Summary:This thesis focuses on the use of computer simulation for modeling risk of a multi-state repairable component. In production processes, maintenance decisions are often made based on uncertain assessment of risk, not only in the probability when a process component goes into a state of failure but also in the cost of lost production and preventive maintenance. In this thesis work, preventive maintenance of a component is modeled and simulated, in order to minimize risk (cost), as: a Markov process with multiple states and fixed transition probabilities, under the assumption that with a sufficient number of states the Markovian property is valid, a non Markov process with two possible states and non-fixed transition probabilities for a periodically decreasing reliability component, and a non Markov process with two possible states and non-fixed transition probabilities for a continuously decreasing reliability component. === Engineering Management