Optimal replacement policy based on number of failures for a system with multiple attempt minimal repairs
Yu-Hung Chien and
Zhe George Zhang
Reliability Engineering and System Safety, 2024, vol. 251, issue C
Abstract:
This study proposes a failure number-dependent replacement policy for a minimal repairable system with multi-attempt repairs. The motivation for this study is based on the novel notion of "multiple attempts minimal repair," first introduced by Cha and Finkelstein [1,2] recently. Their repair/replacement model, along with useful properties derived and discussed for optimal preventive maintenance (PM) problems, served as the motivation for this study. This paper analyzes the optimal replacement policy based on the number of failures for a multi-attempt minimal repairable system.
Keywords: Minimal repair; Optimal replacement; Cost rate; Multi-attempts; Maintenance (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:reensy:v:251:y:2024:i:c:s0951832024004381
DOI: 10.1016/j.ress.2024.110366
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