2009
DOI: 10.1016/j.ress.2008.10.001
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A multi-criteria decision model to determine inspection intervals of condition monitoring based on delay time analysis

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Cited by 99 publications
(34 citation statements)
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“…They developed a genetic algorithm for solving large-scale problems. In a different work, Ferreira, Almeida, and Cavalcante (2009) proposed an optimisation model in which decisions on determining inspection intervals for MI under the failure of equipment are made considering the decision-maker preferences in cost and downtime.…”
Section: Literature Reviewmentioning
confidence: 99%
“…They developed a genetic algorithm for solving large-scale problems. In a different work, Ferreira, Almeida, and Cavalcante (2009) proposed an optimisation model in which decisions on determining inspection intervals for MI under the failure of equipment are made considering the decision-maker preferences in cost and downtime.…”
Section: Literature Reviewmentioning
confidence: 99%
“…Furthermore, MAUT has strong theoretical foundations based on the expected utility theory [27]. Last but not least, as indicated in [28], the use of MAUT provides the feasibility to consider the alternative on the continuous scale. The procedure of the use of it in our problem is discussed in detail as follows.…”
Section: Determination Of Optimal Version-update Timementioning
confidence: 99%
“…Interested readers can refer to [30] for more detailed theoretical discussions. However, from the real application's point of view, these assumptions are commonly accepted in practice [28,31].…”
Section: Maximization Of Multi-attribute Utility Functionmentioning
confidence: 99%
“…For a decision maker, the ultimate goal in practical applications is often to find the best compromise solution from the Pareto set. It characterizes a multi-criteria decision making (MCDM) problem, which actually is commonly encountered in various real-life applications [26][27][28]. In this paper, we will combine the Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) with Grey relational analysis (GRA) to rank the priority of the Pareto solutions, thereby determining the best possible compromise from the multiple objectives.…”
Section: Introductionmentioning
confidence: 99%