Opportunistic maintenance for a novel load-sharing system with dependent degradation rate and volatility

For traditional degrading load-sharing systems, a typical assumption lies in the only effect of unit load on its degradation rate. However, motivated by a laser system example with positive correlation between degradation rate and volatility, we present a novel load-sharing system with general degradation rate-volatility-load correlation. Furthermore, to take account for unit economic dependence caused by sharable maintenance set-up cost, and the window period generated by the maintenance on some unit, opportunistic maintenance (OM) strategy is introduced to offer the opportunity of simultaneously maintaining another working unit under control-limit criteria. Based on the semi-regenerative process, the long-run average cost rate is minimized to obtain the optimal inspection interval, preventive maintenance and OM thresholds. Compared to the traditional condition-based maintenance strategy separately for each unit, the effectiveness of OM strategy is validated through numerical examples and case studies, offering broad managerial insights for engineers to reduce maintenance expenses.