Rationalisation of building maintenance by Markov decision models: a pilot case study.
Operational Research Society. Journal , Volume 49 - Issue 9 p. 928- 935
In this paper we develop a Markov decision model for rationalising building maintenance at a strategic level. Through a global modelling of deterioration we are able to determine the maintenance policy that ensures a specified average quality level at minimal cost. In this way we are able to produce a trade-off curve between overall quality level vs the minimum required level of maintenance costs. The model is applied in a pilot case for four main building elements, viz. masonry, pointing, window frames and painting of buildings owned by a building society. This demonstrates the value of the model as management instrument to determine and allocate budgets.
|ERIM Article Series (EAS)|
|Operational Research Society. Journal|
|Organisation||Erasmus Research Institute of Management|
van Winden, C.G.M, & Dekker, R. (1998). Rationalisation of building maintenance by Markov decision models: a pilot case study. Operational Research Society. Journal, 49(9), 928–935. Retrieved from http://hdl.handle.net/1765/2263