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Optimal replacement strategies for repairable systems

Author

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  • Frans Boshuizen

Abstract

This paper considers repair-replacement models introduced by Lam Yeh [6] and [7], and Stadje and Zuckerman [9]. Without imposing ‘reliability theory’ conditions on the repair and operating distributions, the optimal replacement problem is first solved in a finite horizon setting and then extensions are given to the infinite horizon case. Copyright Physica-Verlag 1997

Suggested Citation

  • Frans Boshuizen, 1997. "Optimal replacement strategies for repairable systems," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 45(1), pages 133-144, February.
    • Handle: RePEc:spr:mathme:v:45:y:1997:i:1:p:133-144
    DOI: 10.1007/BF01194252
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    Cited by:

    1. Guo R. & Ascher H. & Love E., 2001. "Towards Practical and Synthetical Modelling of Repairable Systems," Stochastics and Quality Control, De Gruyter, vol. 16(1), pages 147-182, January.
    2. Viviana Fernández, 1998. "Un Modelo de Duración Estructural para el Reemplazo de Bienes Durables," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 35(105), pages 237-254.

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