ON OPTIMAL REPLACEMENT POLICIES - RANDOM HORIZON
成果类型:
Article
署名作者:
BANERJEE, PK; KABADI, SN
署名单位:
University of New Brunswick
刊物名称:
OPERATIONS RESEARCH
ISSN/ISSBN:
0030-364X
DOI:
10.1287/opre.42.3.469
发表日期:
1994
页码:
469-475
关键词:
摘要:
A system with a functional life of T units of time requires a certain functional part for its operation. If this part fails before the failure of the system, it has to be replaced immediately to keep the system in operation. Two brands are available for replacements. These two brands differ in unit costs and life distributions. The objective is to determine a time-dependent replacement policy that minimizes the expected operational cost. We show that if certain conditions are satisfied, then the optimal policy exists and has a simple intuitive structure.