| Article ID: | iaor1999495 |
| Country: | United Kingdom |
| Volume: | 34 |
| Issue: | 4 |
| Start Page Number: | 1032 |
| End Page Number: | 1040 |
| Publication Date: | Dec 1997 |
| Journal: | Journal of Applied Probability |
| Authors: | Ebrahimi Nader |
| Keywords: | maintenance, repair & replacement |
Age replacement policy is commonly used in order to reduce the number of in-service failures. In this paper we define a multivariate version of this policy and develop some of its desirable properties. We also obtain an optimal age replacement policy.