A combined block and repair limit replacement policy

Nguyen D.G. and Murthy D.N.P. (1984) A combined block and repair limit replacement policy. Journal of the Operational Research Society, 35 7: 653-658. doi:10.1057/jors.1984.130


Author Nguyen D.G.
Murthy D.N.P.
Title A combined block and repair limit replacement policy
Journal name Journal of the Operational Research Society   Check publisher's open access policy
ISSN 1476-9360
Publication date 1984-01-01
Sub-type Article (original research)
DOI 10.1057/jors.1984.130
Volume 35
Issue 7
Start page 653
End page 658
Total pages 6
Subject 1803 Management Science and Operations Research
1404 Management Information Systems
1406 Marketing
1408 Strategy and Management
1405 Management of Technology and Innovation
Abstract This paper considers a combined block and repair limit replacement policy. The policy is defined as follows: The unit is replaced preventively at times kT(k = 1, 2…). For failures in [(k — 1)T, kT) the unit undergoes minimal repair if the estimated repair cost is less than x. Otherwise it is replaced by a new one. The optimal policy is to select T* and x* to minimize the expected cost per unit time for an infinite time span. A numerical example is given to illustrate the method.
Q-Index Code C1
Q-Index Status Provisional Code
Institutional Status Unknown

Document type: Journal Article
Sub-type: Article (original research)
Collection: Scopus Import - Archived
 
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Created: Tue, 04 Oct 2016, 12:34:47 EST by System User