Titlebook: Extended Warranties, Maintenance Service and Lease Contracts; Modeling and Analysi D.N.Prabhakar Murthy,Nat Jack Book 2014 Springer-Verlag

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Introduction,ucts to carry out their daily operations. Plants are collections of many different products which businesses need to produce goods. Finally, several types of infrastructures are needed for the smooth functioning of a society. All of these (products, plants/service facilities and infrastructures) can

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System Degradation and Maintenancefor this unreliability. Any decision-making with respect to maintenance requires a proper understanding of the degradation processes over time and the actions of maintenance from a system life cycle perspective.

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Modelling and Analysis of Degradation and Maintenanceance (for example, the effect of different PM actions on system failures) and (ii) decide on the optimal values of decision variables to achieve some specified objectives (for example, optimum PM to minimise total maintenance costs).

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Introduction to Stochastic Optimisation and Game Theorys a dynamic problem involves multiple decisions over time. Decision problems may also be either . or ..In a deterministic problem, uncertainty is assumed to be insignificant and is ignored, whereas in a stochastic problem, the effect of uncertainty is included in the modelling, and this is done thro

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Leasing and Maintenance of Leased Assetsir daily operations. The traditional approach has been to acquire an object using one of the following two methods: (1) Sale for cash: outright purchase. (2) Conditional sales contract on a deferred payment plan. There is a growing trend towards the use of alternative means to derive the benefits of

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Management of EWs/MSCs and LCsterval. Asset performance depends on the characteristics of the asset (such as reliability and quality), the usage mode and intensity, the operating environment, and on the support service (such as maintenance and maintenance logistics). If the asset is bought (or built), the owner of the asset can