Abstract
This study presents a methodology for optimizing repair intervals of mining equipment by integrating economic efficiency and reliability criteria. A review of existing maintenance strategies revealed their limitations, and a mathematical model was developed that incorporates both projected financial expenditures and the probability of equipment failures, enabling more accurate prediction of the optimal repair timing. This study introduces a novel integration of the Weibull reliability distribution with a cost-convolution optimization model, explicitly capturing the trade-off between economic efficiency and failure risk. Unlike traditional fixed-schedule approaches, the proposed model provides analytically optimized repair intervals derived from observed degradation trends. Statistical analysis demonstrates that unplanned repairs are, on average, 56% more costly than scheduled ones, highlighting the need to revise current preventive maintenance practices. The cost comparison is based on 34 restoration records collected from publicly available supplier price lists and field maintenance logs, converted into a unified currency. Based on operational data and reliability parameter estimation, the optimal repair interval was determined to be 5129 machine hours, which minimizes both the probability of failure and total maintenance-related financial losses, while reducing unplanned downtime. Unlike traditional fixed-schedule approaches, the proposed model allows adaptive adjustment of maintenance intervals according to the actual degradation characteristics of the equipment. The practical significance of the research lies in its ability to help mining enterprises reduce expenditures on corrective repairs, extend the service life of machinery, and improve overall operational efficiency. The findings contribute to advancing maintenance optimization in the mining industry, supporting more sustainable and cost-effective equipment management.