Abstract
For a stationary renewal process with preventive repair optimal policies of preventive repair are established within the class of age-dependent replacement policies with random repair time, provided the expected number of renewals for a fixed time period is given. Under certain conditions the distribution of the random preventive repair time is the degenerate one. Nevertheless, there exist conditions that yield optimal replacement policies with nondegenerate repair time distributions, i.e. random replacement times
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 callDisclaimer: 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.
