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A general age replacement model with minimal repair
Author(s) -
Block H. W.,
Borges W. S.,
Savits T. H.
Publication year - 1988
Publication title -
naval research logistics (nrl)
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.665
H-Index - 68
eISSN - 1520-6750
pISSN - 0894-069X
DOI - 10.1002/1520-6750(198810)35:5<365::aid-nav3220350502>3.0.co;2-#
Subject(s) - minimal model , computer science , mathematics , mathematical analysis
A general age replacement is introduced which incorporates minimal repair, planned and unplanned replacements, and costs which depend on time. Finite and infinite horizon results are obtained. Various special cases are considered. Furthermore, a shock model with general cost structure is considered.