Citation:
Shaomin Wu, Assessing maintenance contracts when preventive maintenance is outsourced, Reliability Engineering & System Safety, Volume 98, Issue 1, February 2012, Pages 66–72.
Abstract:
In some companies, corrective maintenance is conducted in-house but preventive
maintenance might be outsourced. This raises a need to optimise some parameters
such as the number of contracts from a perspective of the equipment owner. This
paper considers a maintenance policy for such a situation, analyses the roles of
the parameters in a PM model, proposes approaches to defining bonus functions,
and finally discusses special cases of both the PM policy and the bonus
function. Numerical examples are also given to explore the impact of parameters
on the expected lifecycle cost rate.