Optimal maintenance and replacement policy for a deteriorating system with increased mean downtime

The problem of imperfect preventive maintenance (pm) and replacement schedule for a system which works below a specified failure rate is studied. For a given planning period, the optimal schedule for replacements to minimize the total cost is obtained. This article presents a branching algorithm with effective dominance rules to obtain the optimal schedule. Numerical illustration and computational experience are also presented. Copyright © 1992 Wiley Periodicals, Inc., A Wiley Company