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Cost–benefit optimization for maintained structures by a renewal model

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TLDR
A repair model with or without preceding inspections is introduced, with finite renewal (repair) times independent of failure times, for optimizing design and maintenance strategies of aging structural components.
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This article is published in Reliability Engineering & System Safety.The article was published on 2008-03-01. It has received 23 citations till now. The article focuses on the topics: Renewal theory & Reliability (statistics).

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Life-cycle cost assessment of optimally designed reinforced concrete buildings under seismic actions

TL;DR: This work investigates the effect of the analysis procedure, the number of seismic records imposed, the performance criterion used and the structural type (regular or irregular) is investigated, on the life-cycle cost analysis of 3D reinforced concrete structures.
Journal ArticleDOI

Optimal inspection planning for onshore pipelines subject to external corrosion

TL;DR: The investigation addresses a challenging problem of practical relevance, and strives for using the best available models to describe random corrosion growth and the relevant limit state functions.
Journal ArticleDOI

Renewal theory-based life-cycle analysis of deteriorating engineering systems

TL;DR: In this article, a renewal theory-based life cycle analysis (RTLCA) is proposed to obtain important life-cycle variables such as the expected time lost in repairs, the reliability of the system and the cost of operation and failure.
Journal ArticleDOI

Stochastic renewal process models for estimation of damage cost over the life-cycle of a structure

TL;DR: In this paper, the authors reformulated the damage cost estimation problem as a compound renewal process and derived general solutions for the mean and variance of total cost, with and without discounting, over the life cycle of the structure.
Journal ArticleDOI

Risk acceptance and maintenance optimization of aging civil engineering infrastructures

TL;DR: In this article, the renewal model for cost-benefit optimization including maintenance is presented, and three types of maintenance strategies are proposed, i.e. age-dependent maintenance, block maintenance and maintenance by inspection and (perfect) repair.
References
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Book

Theory of Games and Economic Behavior

TL;DR: Theory of games and economic behavior as mentioned in this paper is the classic work upon which modern-day game theory is based, and it has been widely used to analyze a host of real-world phenomena from arms races to optimal policy choices of presidential candidates, from vaccination policy to major league baseball salary negotiations.
Book

Statistical Theory of Reliability and Life Testing: Probability Models

TL;DR: A number of new classes of life distributions arising naturally in reliability models are treated systematically and each provides a realistic probabilistic description of a physical property occurring in the reliability context, thus permitting more realistic modeling of commonly occurring reliability situations.
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