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Optimal replacement for fault-tolerant systems

✍ Scribed by Howard M. Taylor; Beatriz E. Rodriguez

Publisher
John Wiley and Sons
Year
1986
Tongue
English
Weight
531 KB
Volume
33
Category
Article
ISSN
0894-069X

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✦ Synopsis

We consider the optimal replacement problem for a fault tolerant system comprised of N components. The components are distinguishable, and the state of the system is given by knowing exactly which components are operational and which have failed.

The individual component failure rates depend on the state of the entire system. We assume that the rate at which the system produces income decreases as the system deteriorates and the system replacement cost rises. Individual components cannot be replaced. We give a greedy-type algorithm that produces the replacement policy that maximizes the long-run net system income per unit time.

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