PurposeThis work ensures the higher performability of this complex system, which consists of five different subsystems, i.e. shearing machine, V-cutting machine, center hole punch, edge cutting burr and drilling machine. These subsystems are placed in combinations of both series and parallel arrangement. The concerned plant management must be aware of the failures that have the greatest/least impact on the system’s performance.Design/methodology/approachPerformability analysis has been done for the Shearing, Punch and V- Cutting (SPVC) line system by using a probabilistic approach (i.e. Markov method). This system was further divided into five subsystems, and single-order differential equations are derived using the transition diagram. MATLAB software was used to determine the performability of the system for various combinations of repair and failure rates.FindingsIn this research work, performability analysis was done using different combinations of repair and failure rates for these subsystems. Further, a decision matrix (DM) has been developed that indicates that edge cutting burr is the most critical subsystem, which requires the top level of maintenance priorities among the various subsystems. This matrix will facilitate policymaking related to various maintenance activities for the respective system.Originality/valueIn this research work, a mathematical modeling based on a single differential equation using a transition diagram has been developed for the SPVC line system. The novelty of this work is to consider interaction among different subsystem, which generates more realistic situation during modeling. The purposed DM helps make future maintenance planning, which reduces maintenance costs and enhances system's performability.
