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dc.contributor.authorKılıç, Erdem
dc.contributor.authorAli, Sadia Samar
dc.contributor.authorWeber, Gerhard Wilhelm
dc.contributor.authorDubey, Rameshwar
dc.date.accessioned2019-02-28T13:04:26Z
dc.date.accessioned2019-02-28T11:08:12Z
dc.date.available2019-02-28T13:04:26Z
dc.date.available2019-02-28T11:08:12Z
dc.date.issued2014
dc.identifier.citationKilic, E., Ali, S. S., Weber, G. W., & Dubey, R. (2014). A value-adding approach to reliability under preventive maintenance costs and its applications. Workshop on Optimization in Finance (OPTFIN) Location: Tirgu Mures, ROMANIA, 63, 12, 1805-1816.
dc.identifier.issn0233-1934
dc.identifier.issn1029-4945
dc.identifier.otherWOS:000342323900003
dc.identifier.urihttp://dx.doi.org/10.1080/02331934.2014.917301
dc.identifier.urihttp://hdl.handle.net/20.500.11779/607
dc.descriptionErdem Kılıç (MEF Author)
dc.description.abstractNo equipment (system) can be perfectly reliable in spite of the utmost care and best efforts on the part of the designer, decision-maker and manufacturer. The two sides of maintenance are corrective and preventive maintenance. It is generally assumed that a preventive maintenance action is less costly than a repair maintenance action. We examine this proposition in detail on the basis of a failure-time model that relates conformance quality to reliability. Illustratively, we present reliability in the context of contracts with asymmetric information. The model shows how to overcome information rents through price distortions and quantity rationing. The paper ends with a conclusion and an outlook to future studies.
dc.language.isoeng
dc.relation.isversionof10.1080/02331934.2014.917301
dc.rightsinfo:eu-repo/semantics/openAccess
dc.subjectReliability function under preventive maintenance
dc.subjectFinancial means
dc.subjectOperational research
dc.subjectManufacturing services
dc.subjectEconomics
dc.titleA value-adding approach to reliability under preventive maintenance costs and its applications
dc.typearticle; conferenceObject
dc.relation.journalWorkshop On Optimization in Finance (OPTFIN) Location: Tirgu Mures, ROMANIA
dc.contributor.departmentMEF Üniversitesi, İİSBF, Ekonomi Bölümü
dc.identifier.volume63
dc.identifier.issue12
dc.identifier.startpage1805
dc.identifier.endpage1816
dc.relation.publicationcategoryUluslararası Yayın


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