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A Branch-And-Bound Algorithm for Computing Optimal Replacement Policies in K-Out-Of-N Systems

โœ Scribed by Chia-Shin Chung and James Flynn


Book ID
123687823
Publisher
INFORMS
Year
1995
Tongue
English
Weight
565 KB
Volume
43
Category
Article
ISSN
0030-364X

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The authors study a discrete-time, infinite-horizon, dynamic programming model for the replacement of components in a binary k-out-of-n failure system. (The system fails when k or more of its n components fail.) Costs are incurred when the system fails and when failed components are replaced. The ob