Journal of the Korean Data and Information Science Society
- Volume 18 Issue 3
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- Pages.689-696
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- 2007
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- 1598-9402(pISSN)
A Bayesian Approach to PM Model with Random Maintenance Quality
Abstract
This paper considers a Bayesian approach to determine an optimal PM policy with random maintenance quality. Thus, we assume that the quality of a PM action is a random variable following a probability distribution. When the failure time is Weibull distribution with uncertain parameters, a Bayesian approach is established to formally express and update the uncertain parameters for determining an optimal PM policy. Finally, the numerical examples are presented for illustrative purpose.