Multi-objective maintenance planning under preventive maintenance

Purpose This research developed and examined a mathematical model for concurrent corrective and preventive maintenance policy of a system of series configuration. Design/methodology/approach A mathematical model was developed to maximize availability, and maximal net revenues, and minimal cost. Different probability distributions for time to failure and time to repair were considered. The model was then implemented on a real case study, which was studied under corrective maintenance policy and concurrent corrective and preventive policy. Findings A comparison between results at current policy (90 days) and optimal period of corrective and preventive policy was conducted. It was found that availability, profit was increased from 94.4% and $20.091 - 96.5% and $24.803, respectively. Further, the cost was reduced from $1104.8 to $797.22. Research limitations/implications The proposed optimization model can be adopted in planning maintenance activities for a single machine as well as for a system of series configuration machines under various probability distributions. Practical implications The proposed model can significantly enhance performance of the production as well as maintenance systems. In addition, the developed model may support maintenance engineering in effective management of maintenance resources and the performance of its activities. Originality/value This research considers a mathematical model with multi-objective functions and distinct probability distributions for time-to-failure for a system of series machines. Moreover, appropriate approximation solution was deployed to find integral of some functions. Finally, it provides maintenance planning for a single machine or a series of machines.