An Optimal Age for Preventive Replacement Under Fully Renewing Combination Free Replacement and Pro Rata Warranty

DOI10.1080/03610921003778175zbMath1271.90030OpenAlexW1965346043MaRDI QIDQ2786231

Yu-Hung Chien, Ming-Chih Chen

Publication date: 21 September 2010

Published in: Communications in Statistics - Theory and Methods (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1080/03610921003778175

zbMATH Keywords

optimizationincreasing failure ratelong-run expected cost rateage-replacement policypro-rata warrantyrenewing warranty

Mathematics Subject Classification ID

Management decision making, including multiple objectives (90B50) Reliability, availability, maintenance, inspection in operations research (90B25)

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