Random Age Replacement Policies

Toshio Nakagawa ()
Additional contact information
Toshio Nakagawa: Aichi Institute of Technology

Chapter Chapter 2 in Random Maintenance Policies, 2014, pp 19-51 from Springer

Abstract: Abstract It is well known in reliability theory: (1) When the failure time is exponential, an operating unit should be replaced only at failure and (2) an optimum age replacement is nonrandom [1, p. 86].

Keywords: Optimum Policy; Failure Time; Random Time; Replacement Time; Cost Rate (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:spr:ssrchp:978-1-4471-6575-0_2

Ordering information: This item can be ordered from
http://www.springer.com/9781447165750

DOI: 10.1007/978-1-4471-6575-0_2

Access Statistics for this chapter

More chapters in Springer Series in Reliability Engineering from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().