Information-Based Minimal Repair Models information-based model

Terje Aven ()
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Terje Aven: University of Stavanger

A chapter in Replacement Models with Minimal Repair, 2011, pp 101-113 from Springer

Abstract: Abstract This paper reviews minimal repair models where information is available about the condition of the system analyzed. In the traditional minimal repair model, the age of the system is not changed by the repair. When additional information is available, the concept of a minimal repair has to be generalized, and in this paper, we look closer at some of the suggestions that have been put forward. A point process framework can be used to describe the generalized minimal repair concepts. Several examples demonstrate the applications of the models for optimal replacement problems.

Keywords: Poisson Process; Failure Time; System Failure; Counting Process; Replacement Policy (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:spr:ssrchp:978-0-85729-215-5_2

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DOI: 10.1007/978-0-85729-215-5_2

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