Abstract
Among all systems, the series system has the lowest optimal replacement time, while the parallel system has the highest optimal replacement time. This paper is comparing the standard age replacement strategy (SARS) with some proposed replacement strategies (strategy A and strategy B) for two multi-unit systems. Two numerical examples are provided for a simple illustration of the proposed replacement cost models under SARS, strategies A and B. The results obtained showed that strategy B can extend the optimal replacement time of a series system.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: International Journal of Reliability, Risk and Safety: Theory and Application
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
