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Optimal replacement with non-monotone failure rates

✍ Scribed by U. Jensen

Book ID
105288471
Publisher
Springer
Year
1984
Tongue
German
Weight
316 KB
Volume
6
Category
Article
ISSN
0171-6468

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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 t