Optimal replacement strategies for repairable systems

This paper considers repair-replacement models introduced by Lam Yeh [6] and [7], and Stadje and Zuckerman [9]. Without imposing ‘reliability theory’ conditions on the repair and operating distributions, the optimal replacement problem is first solved in a finite horizon setting and then extensions are given to the infinite horizon case. Copyright Physica-Verlag 1997

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Year of publication:	1997
Authors:	Boshuizen, Frans
Published in:	Mathematical Methods of Operations Research. - Springer. - Vol. 45.1997, 1, p. 133-144
Publisher:	Springer
Subject:	Failure systems \| NBUE \| IFR \| optimal replacement rules

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010949945