Opportunistic Replacement of a Single Part in the Presence of Several Monitored Parts

Roy Radner, Dale Weldeau Jorgenson

ResearchPublished 1962

One of a series of Memoranda dealing with so-called opportunistic maintenance policies. In opportunistic policies, the action taken on a given part at a given time depends on the condition of the other parts composing the system. In particular, if all the parts of a system but one are monitored (continuously inspected), and if the nonmonitored part cannot be inspected except when it is replaced, then the best time of replacement of the nonmonitored part will, in general, depend on the times at which the various monitored parts fail. This Memorandum derives specific rules of applying this policy and presents a rigorous mathematical proof of the optimality of such rules.

Document Details

  • Copyright: RAND Corporation
  • Availability: Web Only
  • Year: 1962
  • Pages: 39
  • Document Number: RM-3057-PR

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Radner, Roy and Dale Weldeau Jorgenson, Opportunistic Replacement of a Single Part in the Presence of Several Monitored Parts. Santa Monica, CA: RAND Corporation, 1962. https://www.rand.org/pubs/research_memoranda/RM3057.html.
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