Table 2 A quantitative comparison of five maintenance strategies.

From: Monte Carlo simulation for evaluating and optimizing the efficiency of BR and QIR maintenance strategies

Strategy

C (Cost rate)

σMCPRC (Cost variability)

πd (Downtime probability)

ERUL (Expected life in cycles)

BR

12.4

4.3

0.23

9.8

QIR

9.8

3.1

0.17

12.5

PHM-CBM

8.9

2.7

0.14

14.2

RL-M

7.4

2.1

0.09

15.8

Hybrid PPM

8.2

2.5

0.12

14.9