PM Policy with Random Maintenance Quality Following the Expiration of Non-Renewing Warranty Jung, Ki-Mun;
This paper develops the optimal periodic preventive maintenance policy following the expiration of non-renewing warranty. We assume that Wu and Clements-Croome`s (2005) periodic PM model with random maintenance quality is utilized to maintain the system after the non-renewing warranty is expired. Given the cost structure to the user during the cycle of the product, we drive the expressions for the expected cost rate per unit time. Also, we obtain the optimal number and the optimal period by minimizing the expected cost rate per unit time. The numerical examples are presented for illustrative purpose.
Expected cost rate per unit time;non-renewing warranty;PM quality;preventive maintenance;