@article{liao_maintenance_2006,
	title = {Maintenance of continuously monitored degrading systems},
	volume = {175},
	issn = {0377-2217},
	url = {http://www.sciencedirect.com/science/article/pii/S0377221705005059},
	doi = {https://doi.org/10.1016/j.ejor.2005.05.017},
	abstract = {This paper considers a condition-based maintenance model for continuously degrading systems under continuous monitoring. After maintenance, the states of the system are randomly distributed with residual damage. We investigate a realistic maintenance policy, referred to as condition-based availability limit policy, which achieves the maximum availability level of such a system. The optimum maintenance threshold is determined using a search algorithm. A numerical example for a degrading system modeled by a Gamma process is presented to demonstrate the use of this policy in practical applications.},
	number = {2},
	journal = {European Journal of Operational Research},
	author = {Liao, Haitao and Elsayed, Elsayed A. and Chan, Ling-Yau},
	year = {2006},
	keywords = {Availability limit, Maintenance, Optimization, Replacement},
	pages = {821 -- 835},
}

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