Optimizing the repair‐time limit replacement schedule with discounting and imperfect repair
Journal of Quality in Maintenance Engineering
ISSN: 1355-2511
Article publication date: 1 March 2001
Abstract
In this paper, we consider a repair‐time limit replacement problem with imperfect repair and develop a graphical method to determine the optimal repair‐time limit which minimizes the expected total discounted cost over an infinite time horizon. The method proposed can be applied to an estimation problem of the optimal repair‐time limit from the empirical repair‐time data. Then, the modified scaled total time on test transform of the underlying repair‐time distribution function is used. Numerical examples are devoted to examine asymptotic properties of the nonparametric estimator for the optimal repair‐time limit.
Keywords
Citation
Dohi, T., Ashioka, A., Osaki, S. and Kaio, N. (2001), "Optimizing the repair‐time limit replacement schedule with discounting and imperfect repair", Journal of Quality in Maintenance Engineering, Vol. 7 No. 1, pp. 71-84. https://doi.org/10.1108/13552510110386973
Publisher
:MCB UP Ltd
Copyright © 2001, MCB UP Limited