Optimization of On-condition Thresholds for a System of Degrading Components with Competing Dependent Failure Processes
Sanling Song, Nooshin Yousefi, David W. Coit, Qianmei Feng

TL;DR
This paper develops an optimization model to determine the best on-condition failure thresholds and inspection schedules for systems with multiple degrading components experiencing dependent failure processes, aiming to minimize costs and prevent failures.
Contribution
It introduces a novel optimization framework for on-condition maintenance of multi-component systems with dependent degradation and failure processes, considering cost-effective thresholds and inspection intervals.
Findings
Optimal thresholds effectively prevent costly failures.
Trade-offs between threshold levels and component lifespan are identified.
Model demonstrated on multiple example systems.
Abstract
An optimization model has been formulated and solved to determine on-condition failure thresholds and inspection intervals for multi-component systems with each component experiencing multiple failure processes due to simultaneous exposure to degradation and shock loads. In this new model, we consider on-condition maintenance optimization for systems of degrading components, which offers cost benefits over time-based preventive maintenance or replace-on-failure policies. For systems of degrading components, this can be a particularly difficult problem because of the dependent degradation and dependent failure times. In previous research, preventive maintenance and periodic inspection models have been considered; however, for systems whose costs due to failure are high, it is prudent to avoid the event of failure, i.e., we should repair or replace the components or system before the…
Peer Reviews
No public reviews on file for this paper yet. If you reviewed it on a platform where reviews are public (OpenReview, ICLR, NeurIPS, ICML), you can paste yours below so the community can read it here.
Videos
No videos yet. Explain this paper in a talk, walkthrough, or lecture? Add one.
