This paper investigates a novel two-phase preventive maintenance policy for a single-
component system with an objective of maximizing the revenue generated by the …

In the field of industrial engineering, the joint optimization of maintenance and spares
inventory has attracted more and more attention because it can better balance system …

Condition-based maintenance (CBM) optimization utilizing prognostic information and
methods for complex systems has attracted increasing attention. This paper presents a bi …

Motived by cost savings, this paper studies a new periodic maintenance policy for multi-
component systems, for which multiple component reallocations and system overhauls are …

The urgent need to develop customized functional products only possible by 3D printing had
realized when faced with the unavailability of medical devices like surgical instruments …

In this work, a system subject to different deterioration processes is analysed. The arrival of
the degradation processes to the system is modelled using a shot-noise Cox process. The …

Currently, wind energy is one of the most important sources of renewable energy. Offshore
locations for wind turbines are increasingly exploited because of their numerous …

Data management and processing to enable predictive analytics in cyber physical systems
holds the promise of creating insight over underlying processes, discovering anomalous …

Performance-based contracting motivates service providers to implement effective
maintenance policies so as to boost profits and improve system performance at a lower cost …

As a novel supporting approach, performance-based contracting (PBC) ties the service
supplier's compensation to the performance outcome of the system owned by the customer …