A Petri net-based modelling of replacement strategies under technological obsolescence

The technological obsolescence of a unit is characterised by the existence of challenger units displaying identical functionalities, but with higher performances. Though this issue is commonly encountered in practice, it has received little consideration in the literature. Previous exploratory works have treated the problem of replacing old-technology items by new ones, for identical components facing a unique new generation of items. This paper aims to define, in a realistic way, possible replacement policies when several types of challenger units are available and when the performances of these newly available units improve with time. Since no fully generic model can exist in maintenance optimisation, a modular modelling of the problem, allowing easy adaptations to features corresponding to specific applications is highly desirable. This work therefore proposes a modular Petri net model for this problem, underlying a Monte Carlo (MC) estimation of the costs incurred by the different possible replacement strategies under consideration. (C) 2008 Elsevier Ltd. All rights reserved.