Task 5: Conception of an economic decision tool

Description and objectives

The goal is to conceive an economic model allowing to deliver a set of optimal strategies, dynamically revised on the basis of the data coming from different sources. The purpose is twofold: 1) to justify and size the investment on an architecture to collect a signal on the actual state of the fragility points and 2) to provide the user with a dynamic decision tool to guide him to choose the optimal maintenance strategy.

Start date

01/02/2018

Duration

36 months

Task leader

Institut Louis Bachelier (ILB)

Sub-tasks and delivrables

T.5.1. Appropriation of the existing models and choice of the foundations of the decision aid

D.5.1. Report on existing models and modeling choices made

T.5.2. Conception of the model bricks based on the industrial choices made

D.5.2. Report on the conception of the decision tool

T.5.3. Model resolution and determination of optimal solutions

D.5.3. Report on the optimal solutions obtained 
at the theoretical stage

T.5.4. Implementation from end-user cases

D.5.4. Report on implementation from end-user cases

T.5.5. Standardization of an economic decision model

D.5.5. Report on ways of standardization 
of the economic decision tool

Milestone

Month 36