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Bi-Criteria Optimization Technique in Stochastic System Maintenance Allocation Problem

Journal: American Journal of Operations Research
ISSN 2160-8830

Volume: 03;
Issue: 01;
Start page: 17;
Date: 2013;
Original page

Keywords: Selective Maintenance | Weighted Tchebycheff Technique | Multi-Criteria Optimization | Stochastic Programming | Chance Constrained | Modified E-Model | System Reliability

In this paper, the problem of optimum allocation of repairable and replaceable components in a system is formulated as a Bi-objective stochastic non linear programming problem. The system maintenance time and cost are random variable and has gamma and normal distribution respectively. A Bi-criteria optimization technique, weighted Tchebycheff is used to obtain the optimum allocation for a system. A numerical example is also presented to illustrate the computational details.
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