Optimal Spare Ordering Time for Preventive Replacement to Maximize the Cost Effectiveness

DOI10.1080/03610926.2010.484156zbMath1201.90062OpenAlexW2011003840MaRDI QIDQ2786230

Jih-An Chen, Yu-Hung Chien

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/10.1080/03610926.2010.484156

zbMATH Keywords

minimal repaircost effectivenesspreventive replacementordering policysparesalvage

Mathematics Subject Classification ID

Management decision making, including multiple objectives (90B50) Reliability, availability, maintenance, inspection in operations research (90B25) Applications of renewal theory (reliability, demand theory, etc.) (60K10)

Cites Work

• An optimal ordering policy for a space unit with lead time
• A survey of maintenance policies of deteriorating systems
• A general ordering policy with number-dependent minimal repair and random lead time
• Optimal spare ordering policy under a rebate warranty
• Some multivariate distributions derived from a non-fatal shock model
• On the optimal ordering policies in maintenance theory—survey and applications
• Generalized spare ordering policies with allowable inventory time

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