A Bayesian Approach to Maintenance Policy Based on Cost and Downtime After Non-Renewing Warranty

DOI10.1080/03610921003778167zbMath1201.62110OpenAlexW1985867208MaRDI QIDQ2786222

Ki Mun Jung, S. S. Han, Dong Ho Park

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/10.1080/03610921003778167

zbMATH Keywords

optimal maintenance policyadaptive policyBayesian approachcost and downtimenon-renewing policyoverall value function

Mathematics Subject Classification ID

Bayesian inference (62F15) Bayesian problems; characterization of Bayes procedures (62C10) Reliability and life testing (62N05)

Cites Work

• Mathematical models for analysis of warranty policies
• Periodic and sequential preventive maintenance policies

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