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Efficiency consideration of generalized age replacement policy

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Publication:6574587
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DOI10.1002/ASMB.2370MaRDI QIDQ6574587FDOQ6574587

Minjae Park, Jennifer Jae-Young Kim, Ki Mun Jung, Dong Ho Park

Publication date: 18 July 2024

Published in: Applied Stochastic Models in Business and Industry (Search for Journal in Brave)






zbMATH Keywords

efficiencyexpected cost raterepair time thresholdgeneralized age replacement policyoptimal preventive replacement agerepair-replacement strategy


Mathematics Subject Classification ID

Statistics (62-XX)


Cites Work

  • Title not available (Why is that?)
  • Optimum Preventive Maintenance Policies
  • A new repair-replace strategy for items sold with a two-dimensional warranty
  • The Age Replacement Problem with Minimal Repair and Random Repair Costs
  • Optimal age-replacement policy of a system subject to shocks with random lead-time
  • Optimal maintenance strategy under renewable warranty with repair time threshold


Cited In (1)

  • A mathematical maintenance model for a production system subject to deterioration according to a stochastic geometric process





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