... actions are performed by the lessor and borne by him. Imperfect preventive maintenance is carried out every t time units throughout the leasing period. Minimal repairs are performed following equipment failures. At the end of the leasing period, an overhaul which restores the equipment...

... Failure rate Forecasting Lease contract Minimal repair Random demand Service level Our objective is to optimize the production rates of the different horizons h _i⋅Δt satisfying the random demand and the maintenance actions strategy by choosing the best...

...Renyan Jiang Purpose – The purpose of this paper is to address the issues whether or not minimal repair is effective for a repairable item with a known life distribution and when the minimal repair process should be stopped. Design/methodology/approach – The life restoration degree (LRD...

.... Findings The system is maintained at the first completion of the working time over time T for the third model. The system fails with probability p(x) when the total damage is x and undergoes minimal repair at failure for the fourth model. The expected cost rates are obtained and optimal maintenance...