Article ID: | iaor20101041 |
Volume: | 95 |
Issue: | 3 |
Start Page Number: | 161 |
End Page Number: | 165 |
Publication Date: | Mar 2010 |
Journal: | Reliability Engineering and System Safety |
Authors: | Nakagawa Toshio, Young Yun Won |
Keywords: | maintenance, repair & replacement |
In this paper, we consider maintenance policies for products in which the economical life cycle of products is a random variable. First, we study a periodic replacement policy with minimal repair. The system is minimally repaired at failure and is replaced by new one at age