A replacement schedule for multicomponent life-limited parts
β Scribed by Sheldon Epstein; Yonah Wilamowsky
- Publisher
- John Wiley and Sons
- Year
- 1982
- Tongue
- English
- Weight
- 390 KB
- Volume
- 29
- Category
- Article
- ISSN
- 0894-069X
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β¦ Synopsis
Abstract
In previous papers [1], [2] the authors developed a maintenance policy for a single lifeβlimited part. Using an opportunistic replacement approach a scheme was devised which utilized early replacement of equipment to offset more costly future expenditures. This paper will extend the results to the multicomponent case. Examples are given illustrating the benefits of this new technique.
π SIMILAR VOLUMES
In this paper, we formulate two repair-time limit replacement problems with imperfect repair under earning rate criteria with and without discounting. First, the optimal repair-time limits which maximize the long-run average profit rate and the expected total discounted profit over an infinite time