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A replacement model with general age-dependent failure rates

✍ Scribed by Frans A. Boshuizen

Publisher
Elsevier Science
Year
1997
Tongue
English
Weight
956 KB
Volume
59
Category
Article
ISSN
0378-3758

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✦ Synopsis

In this paper we derive optimal replacement rules for a repairable system where both the operating and repair times are random variables having general age-dependent failure rates. First a finite horizon setting is studied. The optimal replacement problem for the infinite horizon case follows from the finite horizon setting by taking limits. Several submodels will also be considered.

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