Optimal replacement policies of repairable systems subject to shocks

Timothy I. Matis, Alagar Rangan and Dimple Thyagarajan

International Journal of Industrial and Systems Engineering, 2007, vol. 2, issue 3, 286-298

Abstract: We consider a repairable system subject to a sequence of randomly occurring shocks, each of which results in a random amount of damage to the system. There are k general repair actions available, out of which one is chosen at each instant of shock arrival. The distributions of successive operating times between shocks and successive repair times are degenerative and dependent on the repair actions chosen earlier. System failure takes place when the accumulated damage crosses a fixed threshold level. We discuss optimal replacement strategies under an N-policy and a T-policy.

Keywords: repairable systems; replacement policies; cumulative damage; shock arrival processes; repair processes; geometric process; N-policy; T-policy. (search for similar items in EconPapers)
Date: 2007
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.inderscience.com/link.php?id=12463 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:ijisen:v:2:y:2007:i:3:p:286-298

Access Statistics for this article

More articles in International Journal of Industrial and Systems Engineering from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker (informationadministrator5@inderscience.com).