A General Failure Model: Optimal Replacement with State Dependent Replacement and Failure Costs

DOI10.1287/moor.5.3.381zbMath0442.90029OpenAlexW2124440539MaRDI QIDQ3885483

Esa Nummelin

Publication date: 1980

Published in: Mathematics of Operations Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1287/moor.5.3.381

zbMATH Keywords

algorithmreliabilityfailure modeloptimal replacementrandom failurefailure costsdetermination of the threshold valueminimization of the total long run average coststate dependent replacement

Mathematics Subject Classification ID

Reliability, availability, maintenance, inspection in operations research (90B25)

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The Repair VS. Replacement problem: A stochastic control approach ⋮ A general replacement model ⋮ A counting process approach to replacement models ⋮ Optimal replacement with non-monotone failure rates ⋮ Instandhaltungsmodelle - Eine Übersicht. II ⋮ A condition based maintenance model for a two-unit series system

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