... and consideration of additional sources of stochasticity for such system. Corrective maintenance Maintenance cost management Maintenance optimization Optimal control Replacement rule Maintenance spending constitutes considerable portion of operating budget when heavy investment in machinery...

...Sergey Golovin Purpose – The purpose of this paper is to represent replacement policies (rules) in the form of a matrix. Visualization of replacement rules is useful for maintenance records. Matrix representation is more effective than the verbal description usually provided, as it allows better...