A general age replacement model with minimal repair

H. W. Block, W. S. Borges and T. H. Savits

Naval Research Logistics (NRL), 1988, vol. 35, issue 5, 365-372

Abstract: A general age replacement is introduced which incorporates minimal repair, planned and unplanned replacements, and costs which depend on time. Finite and infinite horizon results are obtained. Various special cases are considered. Furthermore, a shock model with general cost structure is considered.

Date: 1988
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https://doi.org/10.1002/1520-6750(198810)35:53.0.CO;2-#

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