An optimal state-age dependent replacement for a network system (Q1333561)

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scientific article; zbMATH DE number 639352
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    An optimal state-age dependent replacement for a network system
    scientific article; zbMATH DE number 639352

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      An optimal state-age dependent replacement for a network system (English)
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      9 October 1995
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      A network is investigated composed of a main system and a supporting sub- system with \(N\) components with independent and identically distributed exponential lifetimes. There is one repair facility for failed components with exponentially distributed repair times. The main system is subject to shocks. Shock arrivals and magnitudes depend on the already accumulated damage level and the number of functioning components. Upon system-failure, it is replaced and all failed components are immediately repaired. State-age replacement policies are investigated with respect to a long-run average cost.
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      state-age replacement policies
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      main system
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      supporting sub-systems
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      repair facility
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      long-run average cost
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