MOST CITED
Update: 2021-07-01
Task „Implementation of procedures ensuring the originality of scientific papers published in the quarterly „Eksploatacja i Niezawodność – Maintenance and Reliability” financed under contract 532/P-DUN/2018 from the funds of the Minister of Science and Higher Education for science dissemination activities.
Risk Aversion in Maintenance
Risk Aversion in Maintenance
The concept of risk averse maintenance is introduced. It is formulated in terms of seeking to minimize a disutility rather than a cost per unit time. A general formalism is given, followed by an example, the application to age-based replacement. The problem of overmaintenance caused by undue risk aversion on the part of engineers is briefly discussed.
Brak streszczenia w języku polskim (artyuł jedynie w wersji anglojęzycznej).
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