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Optimal Maintenance and Warranty Strategies by fellipe is a document available to read on EtoBox.

This document proposes a novel model to determine optimal life-cycle duration and intervals between overhauls for equipment by minimizing global maintenance costs. The model considers situations where the equipment owner can negotiate a better warranty contract by offering an improved preventive maintenance program. The equipment receives repairs, overhauls, and replacements over its life-cycle. An overhaul represents imperfect maintenance that improves the failure rate but does not make the equipment as go

Author
fellipe
Language
EN