## A BSTRA CT A replacement policy with minimal repair cost limit is discussed. When a system fails, the repair cost is estimated by inspection and minimal repair is then undertaken if the estimated cost is less than a predetermined limit L; otherwise, the system is replaced. It is assumed that re
Cost limit replacement policy under imperfect repair
β Scribed by W.Y. Yun; D.S. Bai
- Publisher
- Elsevier Science
- Year
- 1987
- Weight
- 199 KB
- Volume
- 19
- Category
- Article
- ISSN
- 0143-8174
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π SIMILAR VOLUMES
This paper considers the following two policies: (i) the system is replaced on type ll failure before age T or on any failure after age T, and (ii) the system is replaced on type H failure before age T or on type I failure where if the expected cost of repair, found by inspection, exceeds a predeter
In this paper, we consider a replacement model with minimal repair based on a cumulative repair-cost limit policy, where the information of all repair costs is used to decide whether the system is repaired or replaced. As a failure occurs, the system experiences one of the two types of failures: a t